A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In Q1 2023, the profit margin on a median-priced US home was 44.2%
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
A new report from Attom Data Solutions found that 77% of metros analyzed posted double-digit annual home price gains
And 20 markets where they are still losing money on average
The small plane crashed into an apartment building in Akron