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Median Asking Rents Down for Ninth Straight Month

Median Asking Rents Down for Ninth Straight Month

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent nationally in April for 0-2 bedroom units declined year-over-year by 0.7% to $1,723, according to new data from Realtor.com. This marked the ninth consecutive year-over-year drop, with declines recorded in all size categories of rental housing....
Median Rent Prices Down for Eighth Consecutive Month

Median Rent Prices Down for Eighth Consecutive Month

by Phil Hall | Apr 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median rent prices inched down by 0.3% year-over-year in March, according to new data from Realtor.com. This marked the eighth consecutive month of declines in year-over-year prices. Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August...
The Most Eco-Friendly Housing Market Is…

The Most Eco-Friendly Housing Market Is…

by Phil Hall | Apr 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six of the top 10 eco-friendly housing markets are in California and all 10 are either in the Pacific or Mountain time zones, according to a new data report from Realtor.com. For this report, data was culled from Realtor.com listings with eco-friendly keywords...
Renting Becomes More Affordable Than Buying in the 50 Largest U.S. Metros

Renting Becomes More Affordable Than Buying in the 50 Largest U.S. Metros

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
Realtor.com: More Affordable Homes Available in February

Realtor.com: More Affordable Homes Available in February

by Phil Hall | Mar 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities in February were more abundant compared to one year earlier, according to Realtor.com’s housing report for February. Last month, homes in the $200,000 to $350,000 price range grew by 20.6% compared to February 2023,...
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