Redfin reports that an increase in December housing supply has led to rising vacancies, motivating landlords to lower asking rents, which fell nearly 1% from a year earlier.
Read More »Growing Multifamily Supply Contributes to Easing of Nationwide Rental Costs
Nationwide, Redfin found that asking rents rose just 0.4% year-over-year to an average of $2,011 in September, as an increasing supply in recent years has flooded the market with inventory.
Read More »Vacancy Rates: The Next Housing Crisis?
In this Video Spotlight, Axios Managing Editor Kim Hart discusses which cities have been hit hardest, and if abandoned and vacant homes are the next housing crisis.
Read More »The Week Ahead: Analyzing Vacancy Rates
This week, the U.S. Census Bureau will announce its findings on residential vacancies and homeownership for the Q2 2019. Here's what else is happening in The Week Ahead.
Read More »Four Direct Ways to Impact Housing Affordability
This year, proposals have begun making their way to Congress aimed at helping ease the tight supply and rising prices that are preventing many—particularly low-income Americans—from finding affordable housing. However, Jenny Schuetz, a David M. Rubenstein Fellow at the Metropolitan ...
Read More »The Hypervacancy Problem in American Cities
Over the last few decades, housing vacancies have become more widespread in many American communities. That’s according to a new report published this week by the Lincoln Institute of Land Policy. But why is the problem so widespread, and what ...
Read More »Single-Family Rental Transactions See Low Delinquencies, Improved Vacancies
Delinquencies remained low among 15 single-family rental securitizations for March, according to data reported by Morningstar Credit Ratings in a recent report titled "Single-Family Research: Performance Summary Covering All Morningstar Rated Securitizations."
Read More »Fannie Mae to Sell Foreclosed Vacant Properties to Detroit Land Bank
Fannie Mae announced it has agreed to sell 44 foreclosed vacant properties to the Detroit Land Bank Authority as part of a partnership to stabilize neighborhoods in the greater Detroit area, which has seen a dramatic spike on the number of foreclosures in the last two years.
Read More »Homeownership Ticks Down in Fourth Quarter
The homeownership rate dropped 0.1 percentage point to 65.2 percent over the fourth quarter 2013. The rate was 0.2 percentage points lower than the rate recorded in the fourth quarter of 2012, according to the Census Bureau.
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