Realtor.com Identifies Renter Trends

Realtor.com, Austin, Texas, released a new report analyzing the current renter populations, and finding that there are three distinct but overlapping groups: young renters, family renters and long-term renters.

Redfin Finds the Homeowner Population Fell in Q2

Redfin, Seattle, in a new analysis, found that the number of U.S. homeowner households dropped by 0.1% year-over-year to an estimated 86.2 million in Q2.

Redfin: Amount Renters Need to Earn Drops

Redfin, Seattle, found that renters need to earn $63,680 to afford the $1,592 median asking rent for a U.S. apartment, the lowest amount needed since March 2022.