None of the nation’s 50 major metro areas are affordable for minimum wage earners seeking to rent a one-bedroom apartment. A new report by Best Interest Financial and Clever Real Estate measured affordability with the metric that a household should spend no more than...
Apartment rents recorded an extremely mild 0.2% uptick in May, with the national average rising to $1,737 from April’s upwardly revised level of $1,733. According to data from Apartments.com, a CoStar Group (NASDAQ: CSGP) marketplace, May marked the sixth consecutive...
The payment app Venmo is partnering with the housing and neighborhood commerce platform Bilt that will help consumers with their housing payments. According to the companies, Bilt will add Venmo to its existing payment options of ACH, debit, and any linked credit...
Apartment rents declined in September with the national average falling to $1,712, a 0.3% dip from August’s revised figure of $1,717. According to data from Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), this marks the third consecutive month of...
A monthly mortgage payment is less expensive than rent in 22 of the nation’s 50 largest metros, according to new data from Zillow (NASDAQ: Z, ZG). The new data determined the typical rent payment nationally is $2,063 a month while the typical mortgage payment is...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
