Lawmakers say investors that scooped up hundreds of thousands of houses to rent out are driving up home prices.
The post Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming. appeared first on Real Estate News & Insights | realtor.com®.
Author: Will Parker
The Apartment Market Is Hitting a Construction Lull
The number of new apartments starting development has fallen dramatically this year, a consequence of higher interest rates, declining rents and what in some places looks like overbuilding.
The post The Apartment Market Is Hitting a Construction Lull appeared first on Real Estate News & Insights | realtor.com®.
What’s Worse Than Record High Rent? Record High Rent, Plus Fees.
Some fees, such as those for parking and pets, have been around for years, but many renters now pay up for things they were rarely charged for in the past.
The post What’s Worse Than Record High Rent? Record High Rent, Plus Fees. appeared first on Real Estate News & Insights | realtor.com®.
Apartment Rent Growth Set to Keep Slowing This Year
Tenants maxed out on rental spending combined with new apartment supply are expected to moderate increases.
The post Apartment Rent Growth Set to Keep Slowing This Year appeared first on Real Estate News & Insights | realtor.com®.
Apartment Rents Increase as Young Workers Head Back to Cities
Apartment rents are rising fast, boosted by young professionals returning to cities and an expensive housing market that keeps many of them renting.
The post Apartment Rents Increase as Young Workers Head Back to Cities appeared first on Real Estate News & Insights | realtor.com®.
Eviction Ban’s Expiration Leaves Renters in South Appearing Most Vulnerable
The ban sets the stage for a potentially widespread displacement of low-income renters, which looks poised to hit Southern states particularly hard.
The post Eviction Ban’s Expiration Leaves Renters in South Appearing Most Vulnerable appeared first on Real Estate News & Insights | realtor.com®.
Built-to-Rent Suburbs Are Poised to Spread Across the U.S.
Economic forces and generational preferences are leading to a new kind of housing: subdivisions designed for renters and managed like apartment buildings. What does it mean for suburbia?
The post Built-to-Rent Suburbs Are Poised to Spread Across the U.S. appeared first on Real Estate News & Insights | realtor.com®.
Biden Proposal Would Close Longtime Real-Estate Tax Loophole
Closing the tax loophole, which has existed since 1921, is part of President Biden’s $1.9 trillion spending package for new social programs.
The post Biden Proposal Would Close Longtime Real-Estate Tax Loophole appeared first on Real Estate News & Insights | realtor.com®.
New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds
The debt figure is the most recent indicator that unemployment benefits and federal stimulus packages have so far been inadequate to alleviate the growing financial burden of missed rent payments across thousands of city households.
The post New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds appeared first on Real Estate News & Insights | realtor.com®.
U.S. Poised for Wave of Evictions in January as Federal Ban Expires
Millions of U.S. renters face the prospect of eviction in January unless federal officials extend protections put in place during the Covid-19 pandemic.
The post U.S. Poised for Wave of Evictions in January as Federal Ban Expires appeared first on Real Estate News & Insights | realtor.com®.