RE/MAX, Denver, released a new survey finding that 63% of Millennial and Gen Z respondents are ready to become homeowners, but are discouraged by the current environment.
Tag: Renters
Redfin: Fewer Than Half of Renters Make Enough for Median-Priced Apartment
Redfin, Seattle, released a new report finding that just 39% of renters make enough to afford the median-priced apartment nationwide.
Zillow: Number of Rent-Burdened Households Significant; BIPOC Renters Most Affected
A new report released by Zillow, Seattle, found that nearly half of U.S. renter households in large metro areas are “rent-burdened.” And, BIPOC renter households are more likely than others to fall into that category.
CBRE: Renting Less Expensive Than Mortgage Payments
CBRE, Dallas, released a new report finding average mortgage payments are 38% higher than average apartment rents as of year-end.
Yardi Matrix: Rents Fall Again in December 2023
Yardi Matrix, Santa Barbara, Calif., released its Yardi Matrix National Multifamily Report, finding that rents declined for a fifth consecutive month.
CBRE: Multifamily Rent Growth Slows in Q3
CBRE, Dallas, found that average multifamily rent growth slowed to 0.7% year-over-year in the third quarter amid an influx of deliveries of new units.
Rents Largely Flat in September, RealPage, Redfin Find
According to RealPage Analytics, Richardson, Texas, and Redfin, Seattle, rents were fairly flat in September.
RealPage: Most Renters Satisfied With Housing Situation
RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.
Freddie Mac: Single Women Have Low Confidence in Homeownership Prospects
Freddie Mac, McLean, Va., reported nearly 60 percent of single female head-of-household renters feel homeownership is out of reach indefinitely.
RIHA Study: More than 6 Million Renters and Homeowners and 26 Million Student Debt Borrowers Missed September Payment
More than six million households did not make their rent or mortgage payments, and 26 million individuals missed their student loan payment in September, according to third quarter research released by the Mortgage Bankers Association’s Research Institute for Housing America.