BiggerPockets Daily How to Rent Your Property Faster and New Changes to Mortgage Lending
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Jul 12, 2025 Discover how pet-friendly rentals can help landlords attract tenants faster, as nearly 60% of renters now own pets. Learn about the transformation in mortgage lending with the adoption of VantageScore 4.0, which could broaden access to homeownership and reduce costs for many borrowers. Whether you're involved in rental properties or looking to buy, these insights will keep you informed on the latest trends and opportunities in real estate.
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Allow Pets To Lease Faster
- Allow pets in your rental units to lease faster and attract more renters.
- Pet-friendly listings get more views, saves, and shares, reducing vacancy time significantly.
Renter Demographics Shift
- Nearly 60% of renters now have pets, up from 46% pre-pandemic, showing a shift in renter demographics.
- Many renters treat pets as family, influencing their housing choices heavily.
Pets Speed NYC Rentals
- Pet-friendly listings in major cities like New York rented 26 days faster than non-pet-friendly units.
- Allowing pets can significantly boost rental market activity in competitive markets.