Millennials & Babyboomers Will be Strong Tailwinds Going Forward

Demographic forces will power housing demand in coming years as the millennial cohorts come into prime ages for forming households and buying first or second homes. The housing market has begun to feel the effects of this trend and the aging of the second largest cohort—the baby boomers. Read more

New platform gives landlords access to exclusive tenant score

Backed by CoreLogic SafeRent, the largest aggregator of current tenant screening data and analytics in the nation, MyRental assists independent landlords with finding tenants they can trust to be financially responsible and take care of the unit itself.

In today’s world, things change quickly. For rental property owners, this is no exception. Instability in the real estate market and an economic downturn has led to an increase in rental applicants. The good news is that rent prices are up. However, the old rules – like evaluating applicants based only on credit scores, or turning down applicants with little or no credit bureau history — may not be enough to keep income stable.

Landlords making yes-no decisions based on a small set of factors, like credit history or bankruptcy, may be missing out on high quality tenants. For property owners, greater insight and data allows landlords to make an informed decision about potential tenants.

Rental Remains Robust

A vibrant rental market has been an outgrowth of the Great Recession and housing market crash. Apartment vacancy rates are down to their lowest levels since the 1980s, rental apartment construction is the most robust in more than 25 years, rents are up, and apartment building values are at or above their prior peaks. But the rental market is more than just apartments in high-rise buildings. Read more