The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Source:…
Posts published in “cost of rent”
Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They’re borrowing money, getting a…
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could…
Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey said they investigated rental data firm RealPage and call for more scrutiny of the company’s…
Even the most expensive cities — which typically have higher minimum wages — are more affordable than those with $7.25 an hour minimums, according to…
Last year, it was more expensive to rent than own. High home prices and mortgage rates that doubled in 2022 changed that, according to a…
A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening…
Yet another report — this one by CoreLogic — shows that the rapid pace of rent increases is beginning to slow. Some of the increases…
Rent prices rose 6.6 percent from this time last year, according to the latest CoreLogic Single-Family Rent Index report released on Tuesday. Source: Inman News