Tag: long term rentals
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2024 Rental Market Report: Miami Leads, But Midwest Momentum Builds
The 2024 rental market has been defined by fierce competition, with strong demand meeting limited availability across many metros. While Miami remains at the top, rising supply and increased affordability in the Midwest are signaling a geographic shift in rental dynamics—one that real estate investors and developers should watch closely. National Snapshot: Demand Holds Steady…
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Why the Housing Boom Won’t Materialize Anytime Soon: A Reality Check for Real Estate Professionals
In the lead-up to recent elections, we heard bold promises and urgent calls for building millions of new homes to address the nation’s housing crisis. Yet, the latest data on housing starts and building permits tells a much different story — one of stagnation, recession-level activity, and unmet expectations. For real estate professionals, investors, and…
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Best Cities for Renters as Minimum Wages Rise and Housing Costs Decline
Renters across the U.S. are beginning to see some relief. As rents continue to decline and minimum wages rise in key metros, the rental market is becoming slightly more affordable—offering hope to those grappling with high housing costs. According to a new Realtor.com® report, the median rent in the 50 largest metro areas dropped to…
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Why More Americans Are Choosing to Rent: CBRE Unpacks the Trend
The dream of homeownership is facing a significant affordability challenge, with more Americans opting to rent rather than buy. According to a new report by CBRE, the cost of buying a home remains substantially higher than renting, creating a wide financial gap that’s unlikely to close entirely in the near future. For real estate developers…
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Wall Street’s Billions Fuel Build-to-Rent Boom Amid Housing Affordability Crisis
As homeownership becomes increasingly elusive, Wall Street is reshaping the housing market by investing billions in build-to-rent communities. These single-family rental neighborhoods are rising as an alternative to traditional homeownership, particularly in Sunbelt states, where demand for affordable living is surging. A Solution for a Housing Shortage or a Missed Opportunity? The U.S. housing market…
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Weekly Housing Market Update: A Balanced Market Awaits in 2025
The U.S. housing market is on the brink of a transformation. According to Realtor.com’s 2025 Housing Forecast, the upcoming year is expected to mark the first full year of a balanced housing market since 2016. For nearly a decade, the market has leaned heavily toward sellers, but 2025 promises gains in both home prices and…
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Big Differences in Apartment Rent Gains Highlight Oversupply: What Real Estate Developers and Investors Need to Know
The multifamily rental market is painting a strikingly mixed picture. According to recent data from CoStar, while annual multifamily rent growth remained steady at 1.2% in Q3, local submarkets revealed a stark contrast in performance. Rent increases soared as high as 8% in some areas while plummeting by as much as -7.6% in others. These…
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The Future of Build-to-Rent in Dallas-Fort Worth: A Market on the Cusp of a Boom
As the Dallas-Fort Worth (DFW) area emerges from a year of quieter activity in the build-to-rent (BTR) sector, developers are poised for what many believe could be a significant resurgence. This trend reflects not only a response to increasing demand for multifamily housing that mimics the comfort of single-family residences but also highlights the ongoing…
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Corporate Travel & Events Surge, Boosting Hotel Revenues
Group travel revenue per room rose 6.8% in the first eight months of 2024, outpacing inflation and driving lodging growth. Corporate retreats and group travel are experiencing a resurgence, significantly boosting hotel revenues as other travel segments slow. Financial and technology companies are leading this rebound, ensuring a robust demand for corporate events, booked years…
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A Surprising Housing Trend Is Sweeping the U.S. – Why Built-To-Rent Communities Are About To Redefine The Market
As the housing market becomes increasingly expensive, fewer people can afford to buy homes. An unexpected solution is spreading across the U.S. – built-to-rent communities. These developments, filled with single-family homes designed exclusively for renters, are becoming an appealing option for those who want a house but can’t manage the steep cost of ownership right…
