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Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

March Marks 14th Consecutive Month of Slowing Rent Growth

Despite a gradual slowdown in annual rent growth, concerns about affordability remain nationwide as the median asking rent in the 50 largest metros analyzed increased, while Realtor.com's March 2023 Rental Report revealed a tight labor market could keep rent prices high.

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Homebuyers Experience Less Competition as Home Prices Slide

"Compared to last year, there's a lot to like about this housing market, including lower prices and less competition for available listings," said Nick Bailey, RE/MAX President and CEO. "Although it would be good to see more new listings coming onto the market, the current conditions offer potential for home buyers and sellers alike."

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Existing-Home Sales Retreated in March

According to a new report from the National Association of Realtors, home sales declined an overall 22% from a year ago, while the inventory of unsold existing homes rose 1% from February.

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