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Housing Rights Initiative files massive discrimination case in Illinois

Housing Wire

The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. The group claims that this is the largest housing discrimination case in Illinois history.

Landlords 418
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DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

Census Bureau shows how the business landscapes changed for homebuilders , lessors, agents , brokerages and other real estate professionals in the first full year after the pandemic began. Lessors The picture was far less rosy for real estate lessors (typically landlords and real estate investment trusts ) in 2021.

Landlords 448
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Big-name brokerages among those accused of income-based discrimination in California

Housing Wire

But as many as 200 real estate agents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI). ”

Brokerage 497
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Zillow to list housing discrimination protections

Housing Wire

of rental listings in the country are located in areas that offer tenants protection against source of income or voucher discrimination. Still, federal law does not prevent landlords from rejecting all housing vouchers. How this real estate brokerage’s unique model generates more profit for agents. Presented by: 1 Percent Lists.

Landlords 488
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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

Housing Wire

The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially inflate rents through the sharing of private information. A DOJ official said that additional landlord defendants could be added to the complaint in the future.

Landlords 435
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Investors bought one in six homes sold in Q2 2024: Redfin

Housing Wire

Although demand for rentals remains strong, rent prices have shown slow growth due to a bevy of new apartments hitting the market, creating competition for tenants. But multifamily construction starts have slowed , which is good news for landlords looking to increase rents. annually in Q2 2024. and 1.9%, respectively.

Investors 468
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Inside the Realogy-Blackstone iBuying venture

Housing Wire

Chicago-based Home Partners is a corporate landlord that gives tenants an option to eventually buy their home. As part of its wind down, Zillow is actively looking for corporate landlords to buy its properties, and reportedly has sold 2,000 homes to New York City investment firm Pretium Partners.

Landlords 370