Rents Growth Accelerates After a Relatively Flat 12 Months

Rent Increase FNL

Across the U.S., rent growth is picking up its pace following a year of relatively stagnant appreciation, according to the latest quarterly Rent Report from apartment and home rental search platform HotPads. The U.S. median rent is $1,530 per month, up 3.1 percent from a year ago. Rent growth slowed in 2018, but appreciation has been on the rise…

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Cooling Market Provides New Opportunity for First-Time Buyers

First-Time Homebuyer FNL

First-time home buyers can expect an easier home shopping experience this spring, as market conditions shift in their favor, welcome news for buyers who have struggled to break into the market, according to a new report from online real estate company Zillow. Entry-level home values are growing at their slowest pace since mid-2016, giving first-time home…

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More than Six Million Homes Missing From U.S. Housing Market, Zillow Claims

Missing Homes FNL

One of the defining characteristics of today’s housing market is the lack of available inventory, and much of this scarcity can be traced back to the lack of building following the bubble’s burst, according to online real estate company Zillow. Between 1985 and 2000, there were 3.9 permits issued for single-family homes per 1,000 residents.…

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For Many Homebuyers, the Pickings Are Slim

Home Inventory

There are almost 9 percent fewer homes on the market than a year ago, and the majority of those are unaffordable for most first-time homebuyers, online real estate company Zillow reports. More than half of all homes for sale across the U.S. are at the high end of the market, according to the March Zillow…

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