Unpaid government workers owe $438M in mortgage and rent this month

Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month.

Older millennials most likely to lose sleep over housing costs

About 17 percent of adults between the ages of 28 and 37 say they lose sleep over their ability to pay for housing, more than any other age group, according to a report from Bankrate.com.

Why 2018 is the best year ever for a low down payment mortgage

This year may just be the best in history for first-time homebuyers to use a low down payment mortgage to leap from renting to owning.  …

Even Affordable Rentals Are Too Expensive for Lowest Income Tier

Housing in major metropolitan areas is moving beyond the means of many, with renters, especially, burdened by rising rents and standstill wages. Affordability has become so strained, according to a recent analysis by Zillow, that even cheap rentals are out of reach for the very segment they’re priced for. Researchers at Zillow assessed income data […]

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Homelessness in major metros made worse by rising rents: Zillow

Affordability continues to be an issue across the U.S., especially in densely populated large metropolitan areas such as New York City, Washington, D.C., San Francisco, Los Angeles and Seattle.  …

Rents Appreciating Faster in Suburbs as Demand Intensifies

Renters up against ballooning costs in sought-after cities have steadily spread outward for rent relief—but now, costs are climbing in areas outside of cities, too. In fact, according to a recently released report by Zillow, rent appreciation is accelerating faster in suburban areas than urban ones, with the median rental cost in suburban areas up […]

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Housing Value at Record-High: Will Buyers Be Able to Keep Up?

Housing’s collective value grew to $29.6 trillion this year, a record-high reflecting 5.7 percent appreciation—an additional $1.6 trillion—in 2016, according to a recently released analysis by Zillow. The most housing value in the nation is in Los Angeles, Calif., New York, N.Y., and San Francisco, Calif., at 8.6 percent, 8 percent and 4.2 percent, in […]

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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…

Hubzu partners with RentRange to display rental income estimates

Real estate auction marketplace Hubzu will now give investors low, median and high estimates of potential rental income thanks to an integration with RentRange …

Rent growth in New York City slows down

Although 2015 was a banner year for growth in some New York City submarkets, 2016 is not staying on the same track. A new StreetEasy report shows that rent prices have slowed to nearly half the pace of the same time last year in parts of the city …