Annual apartment rent growth, occupancy hit new highs in July

The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading

These 5 metros were most popular with buyers in 2020 — here’s why

Compared to the metros with the highest out-bound migration, the ones with the highest in-bound migration have more affordable homes and a lower population density. Continue reading

What agents should know about working with institutional investors

Formerly a commercial real estate agent, Dan Noma, Jr. has focused his work on institutional investors for more than a decade. Here, he shares what he’s learned and why agents should consider this sector of the industry. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading

Americans still want to relocate — even as pandemic fears dwindle

The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1 percent during the second quarter, up from 27.6 percent the year before. Continue reading

Whatever happened to Trump Mortgage?

In the early 2000s, Trump made a short-lived foray into the world of residential and commercial lending. The housing bubble ultimately doomed the venture, and its legacy was a long-running lawsuit. Continue reading

Frontline workers are at greatest risk of housing shortage

A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading

Foreclosure activity continues to decline in March

Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading

US property taxes increased to $306.4B in 2019

The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading

Can landlords discriminate based on a tenant’s job? It’s complicated

The short answer is probably not. The long answer is it’s complicated — and apparently it’s still happening. Continue reading