Bay Area rail workers allegedly built secret apartments in train stations
Two railway workers in the Bay Area are facing felony charges for allegedly building secret apartments in 2 train stations
by Ben Verde Apr 10
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26
The seller's market is roaring back as buyers vie for limited inventory
A 'drought' of new listings is driving up prices, reversing the sluggishness of late 2022, and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow
by Jim Dalrymple II May 10
'Great Reshuffling' winds down as COVID hotspots and tech hubs cool
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis
by Jim Dalrymple II Mar 27
Housing inventory shoots up as homes sit longer on the market
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
by Jim Dalrymple II Mar 2
Redfin economist: 'We're going to have pain' while high inflation lasts
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
by Jim Dalrymple II Nov 30
Luxury home sales plunge to 10-year low, surpassing COVID levels
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
by Lillian Dickerson Sep 22
5 overlooked home markets poised to keep rising in value in 2023
A housing slowdown is underway throughout much of the country. But these 5 local markets may be positioned to weather the storm, according to new data from Moody's Analytics
by Daniel Houston Aug 15
Rent prices see early signs of cooling
Rents are up 0.5% nationally from a month ago but significantly down from a growth rate of 1 to 2%, according to a new report released Tuesday by the online rental marketplace Zumper
by Ben Verde Jun 29
Bidding wars dip for first time in 2022 — but competition still fierce
New data from Redfin shows the market in March was slightly less brutal than one month prior
by Jim Dalrymple II Apr 25
Record number of cities named as 'million dollar' markets in 2021
The addition of 146 cities, the most in a single year, brought the total number to 481, according to data released Wednesday by Zillow. Another 49 are expected to earn the designation this year
by Ben Verde Feb 16
Renters pay 300% of landlords' mortgages in Memphis: Study
The extent to which tenants' rent covers a landlord's mortgage can vary widely, according to a city-by-city breakdown of how much rent goes into paying property owners' own mortgages
by Lillian Dickerson Jan 25
How to bow out gracefully after owning a real estate brokerage
At Inman Connect Las Vegas on Wednesday, Walt Tamulinas, president and CEO of ERA Southern California Real Estate, shared tips on passing the torch to a new owner
by Jim Dalrymple II Oct 28
Rent growth catching up to home price increases in major cities
In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals
by Lillian Dickerson Oct 26
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 US hit $1,549