U.S. retail asking rent growth slowed in the second quarter, according to data from CoStar Group, Washington, D.C.
Tag: Rent
AD Mortgage Study Asks: Is It Better to Rent or Buy?
AD Mortgage, Fort Lauderdale, Fla., released a new nationwide study comparing the 10-year financial path for renting versus buying.
Zillow: Jacksonville Best Spot for First-Time Buyers
Zillow, Seattle, analyzed the best markets for first-time buyers among the nation’s 50 largest metros, finding that Jacksonville, Fla., topped the list.
RentCafe Finds Cities That Offer Most Rental Space for $1,500
RentCafe, Santa Barbara, Calif., released a report analyzing which large cities offer the most space for a monthly rent of $1,500.
RentCafe: Millionaires Increasingly Likely to Rent
RentCafe, Santa Barbara, Calif., found that the number of millionaire renters has tripled since 2019.
Redfin: Gap Between Income Needed for Buying vs. Renting Widens
Redfin, Seattle, found that Americans need to earn $116,633 per year to afford the median priced home for sale, compared with $64,160 needed to afford the typical apartment for rent.
RealPage: Some Florida Beach Town Rents Run Ahead of National Numbers
RealPage, Richardson, Texas, released an analysis on rent prices along the Florida coastline, five years after the COVID-19 pandemic sparked more remote work and mass migration.
Asking Rents Fall; Renters Can Afford Larger Spaces, Redfin Finds
Redfin, Seattle released some analyses of the current rental market, including the finding that the median asking rent fell 0.7% year-over-year in November to $1,595.
Zillow Finds Mortgage Payments Lower Than Rent in 22 of 50 Largest Metros
A monthly mortgage payment is actually less expensive than rent in 22 of the 50 largest U.S. metros, according to a new Zillow Home Loans analysis.
Millennials Trying to Save for Homes, but Rent Is Too High, Survey Finds
Lombardo Homes, Shelby Township, Mich., recently released a new survey finding that while 51% of non-homeowner Millennials say they are saving for a home purchase, 77% also say rent is so high it poses a challenge.