Renters nationwide are catching a slight break in their monthly payments, as Redfin data shows asking rents dropped for the third straight month in December.
Read More »Asking Rents Level Off in September
Redfin reports that the median U.S. asking rent in September was little changed from a year earlier for the sixth straight month, with a rise in the number of rentals making it harder for landlords to boost prices.
Read More »Survey Finds Nearly 40% of Americans Feel Pressure to Relocate
A new survey from LendingTree revealed that in addition to rising mortgage rates and housing costs, approximately 39.79% of respondents cited rent increases as the primary reason why they felt pressured to move, followed by landlords not making repairs and living in unsafe neighborhoods.
Read More »Black, Hispanic Homebuyers Continue to Experience Discrimination During Homebuying Process
According to a new Redfin survey, discrimination drove roughly 1 in 10 Black, Hispanic, and LGBTQ+ respondents away from their previous residences. In addition, some 32% of Black and Hispanic respondents reported facing discrimination during their recent home search, while 22% of LGBTQ+ respondents reported feeling the same.
Read More »Rents Cool Nationwide as Rental Supply Continues Upward Trend
According to a new report from Redfin, asking rents fell just 2% in the West but rose 5% in the Northeast and Midwest as supply increased and rents began to cool nationwide.
Read More »The Week Ahead: Examining the Legalities of Tenant Background Checks
The Harvard Joint Center for Housing Studies will present a discussion on how granting landlords, employers, and other gatekeepers access to criminal records can create serious barriers to housing, jobs, and other opportunities.
Read More »Affordability will be Driving Housing Market Force in 2023
"Affordability is going to be the biggest factor in housing for 2023, but there's room for optimism on that front if mortgage rates recede," said Zillow Chief Economist Skylar Olsen.
Read More »Rental Prices Growing at a Slower Pace
Are the nation’s renters preparing to buy a home? New data from Realtor.com shows that may not be the case as affordability issues remain.
Read More »How Are Landlords Faring During the Pandemic?
It is no secret that the COVID-19 turned the world on its end. Entire industries ground to a halt overnight, eliminating countless jobs and putting even more on furloughs. Low wage workers who predominately rent have ...
Read More »Weighing Risks, Rewards of Renting Out a Home
As the cost to lease exceeds average mortgage payments in 30+ metros, some homeowners investigate the potential benefit of becoming a landlord.
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