Manhattan’s overall average asking rent in June led all major multifamily markets at a fairly significant $5,651, according to a new report from Yardi Matrix. The high rent, coupled with limited construction activity and a 98.2% occupancy rate, pushed Manhattan’s...
An Atlanta suburb has approved a rezoning plan for a mixed-use development that would include a hockey arena and rental housing. However, the rental housing component would be cancelled if the development cannot land a National Hockey League team. The Atlanta Business...
Stark Enterprises, a Cleveland–based real estate developer, has expanded its residential portfolio into Iowa with Blue Creek Village, a new rental home community in the Des Moines suburb of Grimes. Blue Creek Village will feature 164 ranch-style residences across...
Renting a starter home remains less expensive than buying in all 50 of the nation’s largest metropolitan areas, according to a new report from Realtor.com. Across the 50 largest metros, the monthly cost of buying a starter home was $2,553 in July. The national...
The Seattle City Council unanimously passed legislation sponsored by Mayor Katie Wilson that will end “junk fees,” the add-on fees charged to rental housing tenants. King5.com reports the new law goes into effect on July 1, 2027, and will prevent landlords from...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
