Rental Housing Trends

First Come, First Served Rental Housing Spreads to Portland, OR

Portland, Oregon’s massive Fair Access in Renting (FAIR) ordinances have officially gone into effect on March 1st. Passing in June 2019, the FAIR ordinances cover everything from rental application and security deposit procedures to rental listing rules and applicant screening. Buckle up, because you’re not going to believe these intense, uniquely Portlandia laws. Please note

Read More

Renter FICO Scores Dropped, but it’s Not the Time To Worry

CIC has released credit, criminal and eviction data trends from 2019’s final quarter, October through December. The quarterly data analysis highlights the number of rental applicants that have criminal and eviction records on their tenant background checks, as well as the average FICO credit score. The analysis showed that, for the most part, many tenants

Read More

2019’s Rental Housing Laws: What You Need to Know

2019 turned the rental housing industry upside down – with rent caps, stricter tenant screening regulations, and increased tenants’ rights – and set precedent for the decade’s next rental housing laws. While we’ve seen rental housing trends rise and fall (remember the micro-apartment phase?), 2019’s new laws made waves so big we’ll likely see similar

Read More

Watch Out Seattle, Roommates Not on the Lease Have Rights

Housing unaffordability has plagued major metros across the U.S., as many young renters have sought living with roommates and family members to curb rental costs. The City of Seattle identified in their 2018 report, Losing Home: The Human Cost of Eviction in Seattle, that many renters are restricted from taking on roommates under their current

Read More

Renter FICO Scores Have Dipped: This is Why it’s Not a Big Deal

CIC has released the credit, criminal and eviction data for July through September 2019 and discovered that your tenant’s FICO scores trended downward. CIC’s quarterly data analysis highlights the number of rental applicants that have criminal and eviction records on their tenant background checks, as well as the average FICO credit score. Compared to the

Read More

New Californian Rental Housing Laws You Don’t Want to Miss

While the rental housing industry in California has been abuzz about the latest rent control and “just cause” eviction law (more on that below), Gov. Newsom has passed five other rental laws. From extended rent increase notices to the mandatory acceptance of Section 8 vouchers, you won’t want to miss these other hot-off-the-press laws. Statewide

Read More