Concessions cool as spring rental season approaches

Property managers’ race to woo tenants eases, signaling a tighter market for renters this spring After a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow’s latest data reveals the share of rentals offering perks may have hit its peak. The good news for renters is that the market is friendlier than it was a year

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MCS Expands National Property Preservation Platform With Acquisition of Five Brothers Asset Management Solutions

Market leaders join forces to create expanded network with extensive service offerings for preserving and maintaining communities nationwide MCS, the national property services company founded in 1986, announced it has acquired property preservation company Five Brothers Asset Management Solutions (“Five Brothers”),bringing two of the country’s leading property preservation and maintenance services companies together. MCS’s acquisition of Five Brothers creates a national property preservation and services market leader that combines complimentary business

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Amid Emerging Climate-Related Disclosures and Rising Commercial Insurance Rates, AreaHub Equips Businesses With Critical Risk Intelligence

As businesses grapple with new SEC climate risk disclosures, rising insurance rates, and increasing losses from climate risk, AreaHub provides actionable environmental intelligence – efficiently and affordably. Amid the recent SEC climate risk disclosure rules, a changing insurance landscape, and increasing climate-related losses for businesses, AreaHub announced an Enterprise version of its climate and environmental intelligence platform for U.S. businesses and organizations. Last week, the SEC released its final climate disclosure rules, requiring

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Redfin Reports New Listings Rose to the Highest Level in 17 Months in February

Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing costs mean many house hunters remain hesitant to commit. New listings jumped 3.8% month over month on a seasonally adjusted basis in February to the highest level since September 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They were up 14.8%

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ServiceLink survey reveals Gen Z and millennials are ready to make their move

The 2024 ServiceLink State of Homebuying Report highlights generational preferences and trends from today’s homebuyers Gen Z and millennials are optimistic, eager and ready to buy a home. Relatively high mortgage rates and lower income levels aren’t stopping their plans to become homeowners in 2024. A new report released from ServiceLink, the nation’s premier provider of tech-enabled mortgage services, analyzes generational trends among today’s homebuyers, revealing their sentiment about the current housing market

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ATTOM RANKS BEST COUNTIES FOR BUYING SINGLE-FAMILY RENTALS IN 2024

Highest Potential SFR Returns around Vero Beach, St. Louis, Brownsville, Rochester and Augusta; Rental Margins Increasing in About Two-thirds of Nation ATTOM, a leading curator of land, property, and real estate data, released its Q1 2024 Single-Family Rental Market report, which ranks the best U.S. markets for buying single-family rental properties in 2024. The report analyzed single-family rental returns in 341 U.S. counties with a population of at least 100,000 and

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