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.
Tag: Rents
Rent Growth Slows 7th Straight Month
Redfin, Seattle, reported the median U.S. asking rent rose by just 4.8% year over year to $1,979 in December—the smallest increase since July 2021. Despite the slowing, the report said rents grew at more than three times that pace one year earlier.
Inflation Hitting Millennial, Gen Z Renters Harder than Others
Millennials who took on a new rental lease in July saw their overall cost of goods and services increase 11.6% year over year, substantially higher than 8.5% for the U.S. population as a whole, said Redfin, Seattle.
Zillow: Affordability Squeeze Approaches as House, Rent Prices Rise
Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are “quickly evaporating” as home prices and rents rise faster than incomes, said Zillow, Seattle.
Zillow: Inventory Rebounds Amid Record Home Value, Rent Growth
Zillow, Seattle, said continued torrid growth in the housing market paired with a long-awaited bump in inventory in May,
Zillow: U.S. Home Value Growth Slows, Prices May Fall in Second Half of 2020
Zillow, Seattle, said the housing market’s resilience in the wake of the coronavirus pandemic and resulting economic downturn could be challenged in the months ahead as continued slowing in home values suggest prices could fall in the second half of 2020.
HUD Report Notes ‘Credit Invisibility’ Among Assisted Households
HUD and the Policy and Economic Research Council, in a new study examining reporting rent payments to credit reporting agencies, said while rent payment performance can improve both credit visibility and the fraction of tenants with credit scores above 620, it also shows that many public housing tenants continue to have subprime credit scores that can limit their housing choices and their ability to obtain insurance.
Zillow: Home Value Growth Expected to Re-Accelerate Just in Time for Home Shopping Season
Zillow, Seattle, reported annual U.S. home value growth slowed for the 21st consecutive month in January—but that’s not the headline.
Homes For Sale at 7-Year Low
Zillow, Seattle, said for-sale homes in the U.S. fell to their lowest point in seven years in December, with no signs of improving any time soon.
Zillow: Housing Inventory Falls to New Lows
Zillow Inc., Seattle, said any gains from a modest buildup of inventory earlier this year were more than erased during the 2019 home shopping season.