The future of broker fees for renters in NYC & Boston

In November, the New York City Council passed the FARE Act that requires the person hiring the real estate agent to pay the agent’s fees. This goes into effect on June 11th of this year pending litigation. At this time, there is no proposed legislation for Westchester County NY and Fairfield County CT. Most have already reduced to 1 month’s …

2025 Rental Market Trends

The U.S. rental market in 2025 is showing strong signs of stabilization. As we become increasingly familiar with societal disrupters like geopolitical conflicts, advancements in Al technology, and ongoing supply chain challenges, the U.S. rental market in 2025 stands out as one sector with less disruption than prior years. After years of rising housing costs post-pandemic, the rental market is …

THE STRUGGLE IS REAL…but we can help.

2022 Relocation Question: What’s the minimum for a 2-bed rental, and the probability of a one-bed under $5000? 2022 PorchLight Rental Answer: Two beds under $6500 a challenge; one bed we can find lower than 5k. After falling to record lows during the peak of the Covid pandemic, New York City June rents have flipflopped – now reaching record highs, …