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California, Oregon, and Washington Implement Statewide Rent Increase Caps for 2026

California, Oregon, and Washington Implement Statewide Rent Increase Caps for 2026

As of 2026, California, Oregon, and Washington are the only U.S. states that have implemented statewide rent increase caps for most housing. California's cap ranges from 8.1% to 8.8% starting August 1, 2026, requiring a 30-day notice for increases up to 10%. Oregon's cap is 9.5% from January 1, 2026, with a 90-day notice requirement. Washington's cap is 9.7% from January 1, 2026, also requiring a 90-day notice. While these states have statewide limits, other states like New York and New Jersey allow rent control at the municipal level. In most other states, there is no percentage limit on rent increases, provided landlords meet notice period requirements and the increase is not retaliatory or discriminatory. The caps generally limit the total increase over any 12-month period, with specific rules regarding increases during the first year of a tenancy or within a fixed-term lease.

2023 Manufactured Home Listed for Sale in Rochester, NH

2023 Manufactured Home Listed for Sale in Rochester, NH

2023 Manufactured Home Listed for Sale in Rochester, NH

U.S. Housing Market Faces K-Shaped Trajectory with Falling Prices in Many Regions, Rising in Select Metros

U.S. Housing Market Faces K-Shaped Trajectory with Falling Prices in Many Regions, Rising in Select Metros

U.S. Housing Market Faces K-Shaped Trajectory with Falling Prices in Many Regions, Rising in Select Metros

Philadelphia Residents Grapple with Noise Etiquette in Apartment Living

Philadelphia Residents Grapple with Noise Etiquette in Apartment Living

Philadelphia Residents Grapple with Noise Etiquette in Apartment Living

Crowley, TX Rental Homes Integrate Smart Home Technology and Lease Easy Bundle for Residents

Crowley, TX Rental Homes Integrate Smart Home Technology and Lease Easy Bundle for Residents

Crowley, TX Rental Homes Integrate Smart Home Technology and Lease Easy Bundle for Residents

U.S. Rental Vacancy Rate Rises to 7.6% in Q3 2026, Influencing Rental Prices

U.S. Rental Vacancy Rate Rises to 7.6% in Q3 2026, Influencing Rental Prices

U.S. Rental Vacancy Rate Rises to 7.6% in Q3 2026, Influencing Rental Prices

Josh Harris Lists Residential Property in Richmond, Virginia

Josh Harris Lists Residential Property in Richmond, Virginia

Josh Harris Lists Residential Property in Richmond, Virginia

FTC Settles Deceptive Rental Pricing Charges with Progress Residential and Pretium Partners for $49.75 Million

FTC Settles Deceptive Rental Pricing Charges with Progress Residential and Pretium Partners for $49.75 Million

The Federal Trade Commission (FTC) has reached a settlement with Progress Residential and its owner, Pretium Partners, requiring them to pay $49.75 million. This settlement resolves charges related to deceptive rental pricing practices and other unlawful conduct. The proposed order mandates that the companies advertise true rental prices, clearly and conspicuously disclose all fees, and cease improperly withholding security deposits from tenants. This action by the FTC, in conjunction with state authorities, aims to protect consumers from misleading practices in the rental housing market. The settlement addresses allegations that the companies engaged in practices that obscured the actual cost of renting properties, leading to unexpected expenses for renters. The FTC's intervention underscores its commitment to ensuring transparency and fairness in consumer transactions, particularly in essential sectors like housing.

Austin's Zoning Reforms Lead to Significant Decline in Median Rents

Austin's Zoning Reforms Lead to Significant Decline in Median Rents

Austin, Texas, has implemented significant zoning reforms over the past decade, leading to a notable decrease in median rents. The city loosened zoning regulations, eliminated parking mandates citywide in November 2023, legalized more Accessory Dwelling Units (ADUs), and expanded density bonuses. According to The Pew Charitable Trusts, Austin added approximately 120,000 homes between 2015 and 2024, increasing its housing stock by 30%. This expansion contributed to a drop in median rent from $1,546 in December 2021 to $1,296 in January 2026, placing it below the national median. The decline was observed not only in new developments but also in older, lower-cost buildings, where rents fell by about 11%. While construction has since slowed, Pew identified Austin as experiencing the steepest rent declines among large American cities from 2021 to 2026.

Encore Luxury Living in Jericho, NY, Offers Independent Senior Living with Focus on Well-being and Community

Encore Luxury Living in Jericho, NY, Offers Independent Senior Living with Focus on Well-being and Community

Encore Luxury Living in Jericho, NY, Offers Independent Senior Living with Focus on Well-being and Community

Gen Z Prioritizes Homeownership Over Dream Jobs, Many Move Back Home to Save

Gen Z Prioritizes Homeownership Over Dream Jobs, Many Move Back Home to Save

A new Harris Poll data, commissioned by Coldwell Banker Real Estate, reveals that approximately 28% of Gen Z adults would choose their dream home over their dream job. This generation, with 92% of non-homeowners aspiring to buy a home, is making significant trade-offs to achieve this goal. A notable trend is the increasing number of Gen Z individuals moving back in with their parents or in-laws to save money for a home, with over three-quarters having done so or considered it. This reflects a broader pattern of young Americans delaying traditional adult milestones due to a stifling cost-of-living crisis. According to a 2026 Realtor.com report, a record 25.2 million U.S. adults under 35 lived with their parents in 2025, surpassing even pandemic-era surges. Despite living at home, around 70% of 25- to 34-year-olds in this situation are employed, and 72% contribute financially to the household.

South Broadway Zoning Plan Advances in Yonkers, Proposing Increased Residential Development

South Broadway Zoning Plan Advances in Yonkers, Proposing Increased Residential Development

City planners in Yonkers have advanced a comprehensive proposal for the South Broadway development initiative, which includes significant rezoning to permit more residential buildings. The plan was presented at a recent community meeting and outlines new sections of the street where large apartment buildings would be allowed, alongside a 'transitional zone' for additional housing and a reconceptualized 'commercial core' that would feature shorter apartment buildings, potentially with retail spaces on the ground floor. The initiative, launched by City Hall last spring, also includes provisions for 'better streets and public spaces,' such as wider sidewalks, more trees, improved lighting, and park renovations. Consultants from BFJ created the plan, with previous community meetings held in June and engagements with area stakeholders over the summer.