Sun Belt cities see fastest rent deflation amid building boom
Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to a new report by Redfin
by Ben Verde May 17
Rent is falling fastest in markets that added the most new supply
Rent is now 0.7% lower for one-bedroom rentals nationwide than it was a year ago, but some markets are still seeing significant increases, new report shows
by Taylor Anderson Feb 27
Adam Neumann’s secretive new apartment scheme is now live
The WeWork founder quietly scooped up $1B worth of apartment buildings near the peak of the multifamily housing market. His first building is now in lease-up. Here’s what we know
by Taylor Anderson Dec 12
Home prices continue to rise, with no end in sight
US home prices climbed 0.6 percent between June and July and reported an annual increase of 1 percent, erasing earlier declines
by Ben Verde Sep 26
US rent hits just shy of all-time record high: Report
Despite having cooled for more than a year, the median asking rent in the US remained just $24 below its all-time high as of June 2023, Redfin reported
by Lillian Dickerson Jul 12
Remote work will eventually make homebuying more affordable: Study
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future
by Ben Verde Jan 4
Slowdown in apartment rent expected to continue, CoStar says
Rent dropped for a fourth straight month in November, with all but 6 of the nation's top 40 markets reporting flat or declining month-over-month rent
by Taylor Anderson Dec 5
Opendoor expands rapid preapproval app to 3 new states
Once only available in California, the expansion will see the Opendoor Finance App available in Texas, Arizona and Georgia, promising consumers preapproval letters in 60 seconds or less
by Jim Dalrymple II Sep 28
Homebuyers in these US cities are backing out of deals at a higher rate
Phoenix, Las Vegas, Tampa and Austin attracted homebuyers at a higher rate during the height of the pandemic. But according to Redfin, those same Sun Belt cities are now cooling the fastest
by Ben Verde Sep 26
More people moving into drought-prone areas than out: Study
Roughly $17T worth of property analyzed for the study had experienced intense drought in August, up 42% from a year earlier when $12T worth of property had experienced it
by Ben Verde Aug 31
Q2: Multifamily rent slows in latest sign of rental market cooldown
Current CoStar report finds 'a continued downward trend in rent growth,' as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth
by Taylor Anderson Jul 11
December home value growth shatters records: Zillow
Typical US home values rose 8.4% year over year to $266,104, the highest annual increase seen since January 2014, according to a new report from Zillow
by Lillian Dickerson Jan 22
A flock of birds migrating for the season
Where they are going and the factors that influence the decision
by Octavio Nuiry Mar 24
Moving patterns reveal American migration trends
Studies show Americans are leaving the Snow Belt in droves and flocking to the South and Pacific Northwest
by Amy Tankersley Jan 14