Single-Family Rent Growth Exceeds Pre-Pandemic Rates

Rent growth in single-family rental properties now exceeds pre-pandemic rates across all price tiers, including low-end rentals for the first time, reported CoreLogic, Irvine, Calif.

1Q Homeowner Equity Gains $1.9 Trillion

Corelogic, Irvine, Calif., said “underwater” (negative equity) homes decreased by 24% year over year in the first quarter, while the average homeowner gained $33,400 in equity year over year.

As Hurricane Season Starts, 31 Million Homes ID’d as ‘High-Risk’

Yesterday (June 1) marked the start of the 2021 hurricane season. The National Oceanic and Atmospheric Administration projected another “above-normal” season, with as many as 20 named storms, 6-10 hurricanes and 3-5 major hurricanes (Category 3 or higher).