“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”
The post Atlanta rents jump in 2020, along with other major markets appeared first on Atlanta Agent Magazine.
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®.
The narrative says COVID-19 has led renters to flee their claustrophobic apartments in the big cities, leading to big rent drops. That’s only partly true.
The post Rental Prices Are Rising for These Big-City Apartments, but Falling for These Others appeared first on Real Estate News & Insights | realtor.com®.