Apartment Leasing
As rents increase and Dallas experiences challenges with homelessness and a lack of affordable housing stock, life could become even more difficult for those on a fixed income trying to stay in an apartment. Senate Bill 986/House Bill 2045, introduced by Republicans Shelby Slawson of Stephenville and Brandon Creighton of Conroe would override a Dallas…
A recent report from real estate survey factory Zumper shows that rents in the Dallas-Fort Worth area are still some of the priciest in the state — meaning that what you pay for a Richardson apartment has gone up in a big way. In Texas, the median rent for a one-bedroom apartment is $1,176. Compare…
Just reading the story is a jaw-dropper: ProPublica, the online independent, nonprofit newsroom that “produces investigative journalism with moral force” is saying that Richardson-based RealPage is using proprietary algorithms to help landlords raise rents, turn profits, and basically screw renters out of affordable housing. The algorithm, dubbed YieldStar, uses several strategies. According to the ProPublica report,…
Cities in the suburbs have been experiencing faster rent growth than the core cities they surround, a recent analysis by Apartment List confirmed.
According to a RentCafé study, each McKinney renter has nearly 600 square feet of personal space, which equates to each renter averaging 1.66 rooms all to themselves.