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California’s rental market is showing some meaningful signs of softening and that’s a noteworthy shift for tenants, landlords, and property managers alike. A recent article by the Press-Telegram reports that 8 of the 15 major California metro rental markets they surveyed saw year-over-year asking rent declines in 2024. A Snapshot of the Data While the […]
New York City has long been synonymous with sky-high rents, but the current figures are startling even by NYC standards.According to new data from Zillow and StreetEasy, the average asking rent in New York City has surged 36% since before the pandemic, making it one of the fastest-rising markets in the country. The median asking […]
For much of the past few years, Americans have felt the pinch of higher costs from groceries and gas to rent and wages. Inflation surged after the pandemic, fueled by disrupted supply chains, stimulus-driven demand, and a red-hot job market. But now, new data suggests that two of the strongest inflation drivers wage growth and […]
Across the U.S., renting has long been considered a flexible and accessible housing option but that flexibility is rapidly disappearing. FinanceBuzz’s latest study reveals that renters in some American cities are devoting nearly a third or more of their entire income to housing costs. This analysis compared median household incomes with average monthly rents across […]
Across the United States, single-family rental prices have surged 41% higher than their pre-pandemic levels, according to new data reported by The Hill. While multifamily apartment rents have also climbed, they’ve increased at a slower pace of 26% during the same period. This widening gap between single-family and multifamily rental prices is reshaping the rental […]
As 2024 draws to a close, new data highlights a deepening divide between affordable and expensive rental markets across the United States. According to a new report covered by FOX 9, renters are paying significantly more for housing than just a few years ago and where you live now matters more than ever. A Quick […]
