Rent Prices Consistently Declining, Drop to Start the New Year
January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 ...
Tag: Rental Market
An Influx of Multifamily Homes Expected to “Dampen” Rent Growth in 2024
An influx of multifamily housing hitting the market is expected to “dampen” the national average asking rent growth in 2024, ...
Realtor.com Reports 8 Consecutive Months of ‘Softening’ Rent Prices
In December 2023, the U.S. median rent price decreased across all 0-2 bedroom properties, and rent was slightly lower than ...
The Rental Market is Softening, But Many Are Still Struggling
Rental markets are beginning to “soften,” and rent growth has nearly come to a halt after historically high increases in ...
November Sees Annual Rent Growth Maintain a Level Below 3%
This past November, single-family rent growth increased 2.7% year-over-year, as stated in a new report from CoreLogic. According to CoreLogic’s ...
42 Million U.S. Households Were Cost-Burdened in 2022
In 2022, 42 million households in the United States were cost-burdened, paying one-third of their income toward housing—a statistic that ...
Renting is Still More Affordable Than Owning
Rising home prices—along with high mortgage rates and inflation—have created a strong challenge of affordability in the housing market. It’s ...
The Hottest Rental Markets of 2023
High home prices and mortgage rates have left a lot of Americans leaning toward renting over buying as their main ...
Rent Prices Continue Seven Month Fall
The median U.S. asking rent fell $12 to $1,717 in November, the seventh consecutive month of year-over-year declines, according to ...
Gen Z Will Now Shape Rental Demand, Harvard Study Says
Millennials have been a generation of (mostly) renters for the past decade or two. Graduating to adulthood in the 2008 ...
Best Days (and Hours) for Cold Calling, Door Knocking and Everything Else
Two hours of door-knocking one week might land you half a dozen hot leads, while a similar session the next week leaves you empty handed with ears ringing from all the door slammed in your face. Read more.
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