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 […]

The post Rents Appreciating Faster in Suburbs as Demand Intensifies appeared first on RISMedia.

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 […]

The post Housing Value at Record-High: Will Buyers Be Able to Keep Up? appeared first on RISMedia.

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 …

10 ways to evaluate whether a home will grow with you

The U.S. Centers for Disease Control and Prevention defines aging in place as “the ability to live in one’s own home and community safely, independently and comfortably, regardless of age, income or ability level.” No matter what demographic homebuyers…

Apartment List releases September rent report for LA

Apartment List recently released its September rent report for Los Angeles, finding rents grew by 0.5 percent from July to August …

Should I rent or should I buy?

In this week’s video, Peter Lorimer of PLG Estates breaks down the value of buying versus renting a property, factoring in market conditions like interest rates, sale prices, personal investment and more.

Increased rental inventory in New York City helps soften prices

Rent prices across the Big Apple moved in different directions last month, according to the Douglas Elliman rental survey for July. However, rental inventory showed a consistent upward trend in Manhattan, Brooklyn and Queens …

Is Rental Beast taming the market?

After working for years in real estate, Ishay Grinberg moved from New York to Boston to pursue an idea. That idea came to fruition in 2009 as Rental Beast. Since then, Grinberg has built his rental listing service to cover all 50 states, with offices p…