It’s fascinating how two people can interpret a single image so differently. The same holds true for how homeowners and renters perceive the current economy. According to all the data, it’s clear that the economy is robust. However, the degree of its strength depends on whom you ask. The rent versus buy debate has raged [...]read moreHow Homeowners And Renters See The Economy Differently
Thirty-eight percent of renters don’t believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. [...]read moreMore And More Renters Believe They Will Never Own A Home
The ongoing lack of housing affordability is prompting more renters to doubt their ability to become homeowners. According to a recent Redfin survey, nearly 40% of U.S. renters don’t believe in their ability to ever own a home, up from roughly 27% less than a year ago. While lack of affordability is the dominant reason [...]read moreDream of homeownership feels unattainable to many Americans: Redfin
In this article Many renters may be settling down in their home cities as migration outside of metros and across state lines appears to be slowing, according to search data compiled for the Apartment List 2024 Renter Migration Report. However, renters in California and New York are still seeking out-of-state apartments, presumably to escape expensive rents [...]read moreRenters Are Still Moving—These Markets Are Where You Should Be Investing
One of the most effective ways to build semi-passive income is to own your primary residence, live in it for several years, then rent it out and purchase a nicer property. If you’re aiming to retire early, over a 20-year career, you could easily build a rental property portfolio consisting of 3-5 units. This has [...]read moreThe Best And Worst Times To Find Renters For Greater Cash Flow
Fannie Mae is predicting a serious change in the multifamily real estate market. Ever since interest rates began to rise, multifamily has been on a downward spiral. Higher rates made profits fall, and as a result, buying and improving multifamily properties halted. And, with a massive lag in multifamily construction, new units were popping up [...]read moreMultifamily Rents to Jump as Renters Remain Stuck