Rental Market
Seniors in Texas are increasingly forgoing homeownership in favor of renting, with the cohort becoming the fastest growing demographic in the Lone Star State over the past decade. Using U.S. Census data from the American Community Survey between 2013 and 2023, the single-family rental platform Point2Homes found that the six largest metro areas in Texas…
While some reports have suggested the delivery of more housing stock to D-FW over the last year has empowered consumers by giving them more options and negotiating leverage, a recent study by RentCafe shows there are still plenty of headwinds in the region’s rental market. D-FW renters are actually dealing with one of the tightest…
Conversion of office space into apartments has ramped up over the last few years, with Dallas placing fifth among metro areas across the United States for most units in the works this year. According to a study published by RentCafe on Monday, D-FW has 2,752 units in the pipeline as a result of adaptive reuse,…
From Staff Reports Dallas-based Willow Bridge Property Co. is among the latest to be accused by the U.S. Department of Justice of using RealPage’s rent recommendation system to drive up rates and decrease competition. The DOJ lawsuit was filed in August; Willow Bridge and five other multifamily property companies were added to the civil antitrust…
Staff Reports Dallas-based Invitation Homes has agreed to pay $48 million to refund customers in Dallas and other major markets affected by the single-family rental home company’s alleged misconduct, the U.S. Federal Trade Commission announced Tuesday. As the Dallas Business Journal reported, the settlement order requires Invitation Homes to: The real estate investment trust (REIT)…
