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Megalandlord in the Making: JPMorgan is About to Spend $1B on U.S. Rental Homes

Published by Business Insider | November 17, 2022 JPMorgan and Haven Realty Capital entered into a joint venture agreement on November 15 with a plan to acquire up to $1 billion in build-to-rent properties, starting in Atlanta. A new joint venture between one of America’s largest banks and a growing build-to-rent operator is the latest sign …

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Renters Are Fed Up With Rising Rents—Could Their Frustration Affect the Midterm Elections?

Economy, Rental Property / By W. J. Mencarow

Published by REALTOR.com | October 28, 2022 Rents are rising—and renters are poised to take out their frustrations in the midterm elections. More than half of renters registered to vote say that housing will be a key issue for them in the midterms next month, according to a recent Apartment List report. The rentals website …

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Expert: Transforming Vacant Office Buildings Into Apartments Presents A Solution To Housing Crisis

Rental Property / By W. J. Mencarow

Published by FOX Business | October 6, 2022 Big cities face rising number of vacant, for-sale office buildings While many workplaces shifted to a remote setting during the pandemic, some businesses never fully returned to in-person models – creating a surging number of vacant, big city office buildings. But the empty spaces are providing a …

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The 10 States Where Renters Are Most Behind On Payments

Economy, Rental Property / By W. J. Mencarow

Published by CNBC | October 7, 2022 Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of American households, around 6 million, are behind on rent this fall, according to a recent report from MyEListing.com, a commercial real estate website. South …

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FHA Moves to Include On-Time Rental Payments for First-Time Buyers

Mortgages, Rental Property / By W. J. Mencarow

Published by REALTOR Magazine | September 28, 2022 “If you’re regularly paying your rent on time, that’s a good indication you will also pay your mortgage on time,” says the Federal Housing commissioner. The Federal Housing Administration published a letter to lenders urging them to consider including a borrower’s positive rental payment history when applying …

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Rent On The Rise: U.S. Markets Where Prices Rose Fastest In August

Economy, Rental Property / By W. J. Mencarow

Published by FOX Business | September 24, 2022 Cincinnati saw the biggest jump among the 50 most populous metros Renters are facing higher costs as lease prices reached record highs in August. The national median asking rent climbed 11% year-over-year, though some areas saw increases more than double that. For instance, asking rents in Cincinnati, Ohio, …

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Rising Rents Are Squeezing Older Adults

Economy, Rental Property / By W. J. Mencarow

Published by Forbes.com | September 9, 2022 Tenants are wrestling with rent increases of 28% on average over the last three years. Sharon Greenfelt Kersten, a 70-year-old publicist, loved the $1,900-a-month Fort Lauderdale, Florida, two-bedroom rental house where she lived and worked. But in November 2021, her landlord told her he planned to raise the …

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U.S. Rents Hit Record High, Coinciding with Skyrocketing Mass Immigration

Rental Property / By W. J. Mencarow

Published by Breitbart News | August 29, 2022 Rents across the United States have hit a record high, with the median rent for a one-bedroom apartment now reaching nearly $1,500 a month The sky-high rents are up almost 12 percent compared to the same time last year, the analysis finds. The jump in rents now …

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High Mortgage Rates Are Driving People to Rentals, Tightening Supply

Economy, Rental Property / By W. J. Mencarow

Published by FOX Business | August 23, 2022 Rent prices across the country have been taking a significant bite out of consumer budgets with some renters getting hit particularly hard over the past year. Pamela Liebman, president and CEO of The Corcoran Group, discussed the real estate market on Tuesday, stressing that the sticker shock for rents …

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Landlords Ready War Chests to Buy in Cooling U.S. Housing Market

Rental Property / By W. J. Mencarow

Published by Bloomberg | June 13, 2022 Rental companies see potential discounts ahead from homebuilders as higher mortgage rates sideline regular buyers. ———————————————————————————————————— Single-family landlords are eyeing opportunities in the slowing U.S. housing market, betting that lower demand from consumers will lead builders to offer discounts. American Homes 4 Rent, the third-largest single-family landlord, is …

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