Rentals

Their second quarter pace trailed pandemic highs but still accounted for one of every six homes sold nationwide.

Zillow said the share of listings on its platform that offered concessions topped 33% last month, up from 25% a year earlier. 

Catch up on the housing and mortgage industry issues pushing to the forefront of the 2024 election — and how each campaign is responding.

The number of properties sold over the past year was the fewest since 2009, the National Association of Realtors said.

Amid a rocky re-election campaign, the president announced the Biden-Harris Housing Plan, calling on Congress to incentivize landlords to cap rents and enable the construction of two million homes.

The income needed to afford a typical apartment is the highest since 2022.

Compared to a year ago, investors bought a greater number of properties and made up a larger share of overall purchases, returning to the market faster than individual buyers, according to Redfin.

In the four years since February 2020, rents have risen overall by approximately 28%, Corelogic found.

The cracks in the commercial real estate market are widening from offices to apartment complexes, with more than $67 billion of the housing potentially distressed as borrowers struggle to repay loans extended during the height of the pandemic.

Strategies used to falsify identities and property ownership highlight a public assistance vulnerability that could have implications for the mortgage industry.

Bigger metro areas Austin, Phoenix and Atlanta each added at least 16,000 units over the past year, increasing their inventories by as much as 5.6%. Rents consequently fell in each market.

The single-family rental giant struck a deal to manage homes for another major landlord at a time when scarce inventory of properties for sale is making it hard to expand.

The rate of increase cooled for the 14th straight month in June, dropping over 10% year over year, according to CoreLogic.

Many of the homes being offered for sale are part of a portfolio acquired from Pretium Partners in late 2021, according to people familiar with the matter.

Average monthly payments fell by 0.6% year-over-year to $1,995, marking the largest annual decline since March 2020.

Rents for primary residences in the New York, Jersey City and Newark, New Jersey, region rose 6.1% in the 12 months through April, the biggest increase since 2005, according to a Bureau of Labor Statistics report Wednesday.

Renters across 38 cities can browse Airbnb-friendly apartments on the company's website and use a calculator to see how much income they could generate through part-time hosting. 

The cooldown in U.S. housing should show up in official inflation data next year, according to a new index that aims to capture changes in rental markets without the usual lag. 

The New York-based startup, which launched last year, processes $3 billion in annualized rent payments, and its Bilt Mastercard customers are spending at an annualized rate of $1.6 billion, Chief Executive Officer Ankur Jain said.

Rent of shelter and owners' equivalent rent each accelerated 0.8% in September from the prior month, the most since 1990, according to Labor Department data released Thursday.