Rental Property 5 | Paper Source Online

Homelessness Ticked Up In 2022 as Rising Rents Continued To Price People Out

Economy, Rental Property, Residential / By W. J. Mencarow

Published by REALTOR.com | December 19, 2022 Homelessness rose this year as rents and home prices spiked across the country. In January 2022, nearly 582,500 people experienced homelessness, according to a recent U.S. Department of Housing and Urban Development report. That figure is a slight increase—about 0.3%—from 2020. However, homelessness fell 10% over the past 15 years. …

Homelessness Ticked Up In 2022 as Rising Rents Continued To Price People Out Read More »

Renting Is Usually Cheaper Than Owning, But Not Always

Rental Property / By W. J. Mencarow

Published by Forbes.com | December 6, 2022 If you’re still paying off your mortgage, renting is likely cheaper than owning. A new study by LendingTree found that renting is usually cheaper than owning a home, but not always. To look at how the cost of renting a home differs from owning one, the online loan …

Renting Is Usually Cheaper Than Owning, But Not Always Read More »

Rental Price Growth Slows To The Lowest Level In 18 Months

Economy, Rental Property / By W. J. Mencarow

Published by Forbes.com | November 18, 2022 The median rent in the top 50 metros in October was $1,734, down $25 from September. Renters throughout the country are finally seeing a bit of relief when it comes to the seemingly relentless pace of rent growth. The Realtor.com October Rental Report details the shifting marketplace reality. …

Rental Price Growth Slows To The Lowest Level In 18 Months Read More »

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

Rental Property / By W. J. Mencarow

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 …

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

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 …

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

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 …

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

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 …

The 10 States Where Renters Are Most Behind On Payments Read More »

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 …

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

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, …

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

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 …

Rising Rents Are Squeezing Older Adults Read More »