by Anthony | Jan 25, 2022 | 2022, Rentals
Inflation seems to have hit the housing market again according to a recent report published by Redfin. December mortgage payments for home buyers skyrocketed by 21.6% from December 2020, coming in at $1,553. Mortgage payments aren’t the only thing rising; the...
by Anthony | Dec 7, 2021 | 2021 Topics, Housing, Inventory, Real Estate News, Rentals
Inflation is not only being driven up by the ridiculous prices of food and fuel, but also in the prices of existing homes. And so between the high prices and general cost of living, rental prices are also on the rise, the cost of living to soar. According to RealPage,...
by Anthony | Nov 29, 2021 | Housing, Inventory, NJ Real Estate News, Rentals
The Rising Tide of Prices Inflation as we now are experiencing is hitting every household hard… very hard. The average Thanksgiving dinner this year surged by over 14% from 2020. And that is not the only thing rising. As inventory shortages have fueled the...
by Anthony | Nov 17, 2021 | 2021 Topics, Housing, Real Estate News, Rentals
Super-Charged Rents CoreLogic published a report citing that US single-family rents have surged by 10.2% year-over-year in September. This is the fastest rate of growth year-over-year ever recorded by CoreLogic in the last 16 years. Not all markets grew at the same...
by Anthony | Nov 12, 2021 | 2021 Topics, Inventory, Real Estate News, Rentals
Where’s the Profit? Recently Zillow announced that it had determined to get out of the iBuying program business model. This resulted in the company taking a significant loss on the homes that it had purchased. It then announced, according to a Wall Street...
by Anthony | Oct 21, 2021 | 2021 Topics, COVID19, Inventory Shrinkage, Rentals
As buyers over the last 15 months have eaten away at the inventory within the single-family home market, much of the rental inventory has been sold creating a similar shortage of homes available for rent. Even though it appears that the housing market is slowing down...
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