Owning is cheaper than renting in over half of US counties

With home prices rising 7 percent year-over-year, renting is often seen as a more affordable alternative to buying. But as ATTOM Data Solutions latest rental affordability report shows, that isn’t necessarily true for a good chunk of the population …

The rent is too damn high (but so are home prices)

According to the RealPage Q3 supply and demand report, the national average rent has increased by 0.9 percent month-over-month and 2.6 percent year-over-year, bringing the average rent to $1, …

Demand for House Rentals Intensifies

Apartment rents are appreciating less than house rents, thanks to shifting demand for single-family rentals, according to a recent analysis by Zillow. Apartment rents nationally increased a median 0.5 percent, to $1,551, year-over-year—relatively flat—while house rents increased 1.3 percent to $1,404. Several colliding factors are driving the trend, says Dr. Svenja Gudell, chief economist at […]

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No relief for homebuyers, but renters catch a price break in July

While home prices continue to rise at breakneck speed, average rent growth has slowed to 0.1 percent month-over-month and 2.6 percent year-over-year. In dollar amounts, that results in a meager $1 increase in rent from June to July …

Boost in rental construction keeping would-be buyers at bay

While the housing market continues to deal with the inevitable strain of low inventory, the rental market is benefiting from a record year of new apartment construction that’s stabilizing rent growth and making would-be buyers think twice about transit…

Rent Growth Crawls, but Costs Still High

Rent growth is crawling at its slowest pace in five years, with rents up nationwide just 0.7 percent year-over-year, according to the recently released March Zillow® Real Estate Market Reports. Notably, rent growth in the West, which has led appreciation, is stalling. The median rent is now $1,408. Zillow Chief Economist Dr. Svenja Gudell attributes […]

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Portland, Seattle Take 2016 with Highest Home Value, Rent Appreciation

Home values hit their stride in December, clocking in at the fastest annual pace of 2016 at 6.8 percent, according to the December Zillow Real Estate Market Reports. Portland, Ore., home values hung onto the top spot, appreciating 13.8 percent year-over-year. “Home values ended 2016 growing at their fastest pace of the year, which could […]

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Rent hikes starting to slow around US, but West Coast hotspots still top the list

With recent migrations to tech centers like San Jose, Portland, Seattle and San Francisco comes the severe impact of housing demand and supply. Rent in these hot markets, among others, has exploded over the past five years as more millennial techies se…

Baltimore, DC rank last in forecasted rent growth, report shows

For renters, a slowdown in the market’s growth is a welcome trend. While the drop was hardly noticeable, September saw its first monthly dip since November 2015 to $1,219, down just one dollar from August, according to a new report …

Houston rent growth moderate as job market slows

For renters, a slowdown in the market’s growth is a welcome trend. While the drop was hardly noticeable, September saw its first monthly dip since November 2015 to $1,219, down just one dollar from August, according to a new report.
According to the Ya…