Homeownership is 31 percent more expensive than renting, nationally. With demand shifting and the market for home purchases cooling, homebuilders now court investors, a report notes. Continue reading
The New York City-based brokerage has named Richard Horovitz as its residential property management division’s senior vice president and director of residential property management. Continue reading
Slowdown in bidding wars is “having a predictable impact on profit margins for investors,” said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report. Continue reading
Along with brand update, the online rental marketplace unveiled upgraded features for landlords, renters and property managers on Tuesday. Continue reading
The pace of rent price growth was more than double what it was a year ago, reaching 14 percent for a single-family home in April. Continue reading
A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest. Continue reading
An analysis issued Wednesday by Redfin, however, also makes clear that the market shift has begun to impact investor sales, with the pace of buying slowing over the first three months of 2022. Continue reading
Demand for STRs remains high even as occupancy rate drops more than 8 percent heading into a busy travel season. Investor revenue still up 66 percent compared to 2019. Continue reading
Researchers at the mortgage giant point to four things that drove the meteoric rise in home prices over the past few years. Investors weren’t one of them. Continue reading
Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Continue reading