Redfin reports that an increase in December housing supply has led to rising vacancies, motivating landlords to lower asking rents, which fell nearly 1% from a year earlier.
Read More »HUD Focuses on Housing Safety at Recent Summit
U.S. Attorney Ryan K. Buchanan and HUD-OIG Inspector General Rae Oliver Davis recently collaborated on an event on eliminating environmental hazards and misconduct for tenants living in HUD-assisted housing.
Read More »Growing Multifamily Supply Contributes to Easing of Nationwide Rental Costs
Nationwide, Redfin found that asking rents rose just 0.4% year-over-year to an average of $2,011 in September, as an increasing supply in recent years has flooded the market with inventory.
Read More »Report Spotlights Homebuying Discrimination Against Black, Hispanic, LGBTQ+ Communities
A new Redfin survey revealed that nearly one-third of Black and Hispanic respondents faced some sort of discrimination while house hunting, while 22% of LGBTQ+ respondents also reported being discriminated against because of their sexual orientation.
Read More »Examining the Best U.S. Cities for Single-Family Rental Cash Flow
According to a new study from My Perfect Mortgage, Detroit and Cleveland are among the top cities for single-family rental cash flow, while eight out of 10 of the worst are located in pricey California metros.
Read More »Typical Asking Rents Experience Largest Drop Since 2020
In May, nationwide rents posted their largest decline since 2020 as the median asking rent rose 1.4% from a month earlier, according to a new report from Redfin.
Read More »Zillow Predicts 2023 Midwest Housing Boom
The Midwest did not experience the same price surges other areas of the country have experienced since the beginning of the pandemic.
Read More »Rental Relief: Rents Grow at Slowest Pace in 18 Months
Despite the decline in rental costs nationwide, affordability remains a concern among most tenants.
Read More »How Landlords Are Impacted by the Pandemic
It is no secret that the COVID-19 turned the world on its end. Entire industries ground to a halt overnight, eliminating countless jobs and putting even more on furloughs. Low wage workers who predominately rent have been affected the most, ...
Read More »The Pandemic’s Toll on Small Landlords
Mom-and-pop landlords have been forgoing maintenance due the eviction moratorium, as a new study reports that 28% of landlords were found deferring maintenance on at least one of their units during the pandemic.
Read More »
DSNews The homepage of the servicing industry
