Price increases slowing nationally after surging due to supply chain disruption and increased demand during COVID-19 pandemic The cost of home repairs and remodeling in the fourth quarter of 2023 continued to increase, rising by 0.54% from the prior quarter and just over 5.5% from the fourth...
Rents haven’t fluctuated much over the past year, rising 1% in January–a far cry from double-digit growth during the pandemic. The median U.S. asking rent rose 1.1% year over year to $1,964 in January, the largest annual increase since March 2023, and was unchanged from a month earlier, according...
Fewer independent landlords are planning to raise rents this year, but tenants paying persistently higher rents say it's likely to impact their home purchasing plans this year Over the past few years it's become more expensive than ever to rent, and with rental affordability a pressing national...
New Zillow analysis finds Texas, California top the list of Gen Z relocation destinations Gen Z may prioritize job opportunities and sunshine over affordability when moving out of state. A new Zillow® analysis of the U.S. Census Bureau's 2022 American Community Survey (ACS) finds...
Consumer Sentiment toward Housing at Highest Level in Nearly Two Years The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 3.5 points in January to 70.7, its highest level since March 2022, due primarily to increased consumer confidence in job security and another significant jump in...
Multifamily construction starts expected to continue to moderate this year Multifamily construction starts declined in 2023, but exceeded expectations considering the turmoil in the financial markets. A new report on multifamily construction starts from Yardi® Matrix states that the number of...
Throughout the country, incidences of rental application, financial and identity fraud are on the rise and fueled by social media. Results from a groundbreaking new survey of rental housing providers have revealed staggering increases of fraud, contributing to both the growth in rents and number...
Award from GlobeSt. Honors Company's Impact on Multifamily Industry PetScreening, which offers the rental housing industry's first and leading pet policy management software at no charge to property owners and managers, announced it has been named a 2024 Influencer in Commercial Real Estate...
Four Out of Six Regions Showed Improved Year-Over-Year Rent Growth in Q4 2023 vs. Q3 2023 Rentometer has released their quarterly Rent Report for Q4 2023. The focus of the quarterly Rent Report is three-bedroom (3-BR) single-family rentals (SFRs). The Q4 2023 report covers 646 cities that had at...
