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via Zerohedge: Cooling rents in formerly hot real estate markets like New York City and Boston might give the Federal Reserve the excuse it needs to keep rates low and … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But rents surge in 22 other markets by the double-digits. Southern California – sampled here by Los Angeles, San Diego, Santa Ana, and Long Beach – … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Rents in Chicago’s toniest ZIP codes are practically reasonable compared to the craziness elsewhere. OK, this is mind-boggler of a juxtaposition: The most expensive ZIP code … Read more
Remarkable decline in NYC’s Madison & 5th Avenue rents over the past 3 years @REBNY pic.twitter.com/6s8CrJQwEg — Liz Ann Sonders (@LizAnnSonders) September 18, 2019
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Apartment rents declined from peaks in Seattle, Southern California, New York, Oakland, San Jose, Chicago, Honolulu. But 8 markets show double-digit increases. Seattle and Southern California are … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Home prices that rise faster than wages – as they have done for years now – are not a free lunch for the economy. And now … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Where Apartment Rents Fell & Where They Surged: March Update In San Francisco, the most expensive major rental market in the US, the median asking rent … Read more
Soaring rents outran tenant wages, which can’t last. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Spain’s residential rental market has been on a bit of a roll of … Read more
Indian billionaire rents John Kerry and Hillary Clinton along with Beyonce to dance on stage at his daughter's wedding. Is no one in America not for sale? pic.twitter.com/yxPIeenxoj — Tarek … Read more
via nbcnews: President Donald Trump’s short-term stimulus is pushing up borrowing costs and eliminating deductions in some markets. Although growth in the housing market is slowing, the number of million-dollar homes … Read more
latest Census Bureau stats on rents and home ownership 👉t.co/nmCh5FEqpx pic.twitter.com/ESOcPR2SX5 — M/I_Investments (@MI_Investments) November 1, 2018 HOUSING IS A LEADING INDICATOR FOR ECONOMIC GROWTH AND INTEREST RATE HIKES ARE … Read more
via Bloomberg: Renters finally have reason to rejoice: their housing costs dropped last month for the first time in six years. The median rent for apartments, single-family homes and other … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Rents plunge in Chicago, Honolulu, New York, Washington DC, and others, but surge in many markets. Across the US in August, the median asking rent for 1-bedroom apartments … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A phenomenal onslaught of the wrong kind of supply. Crane-counters in the metropolitan area of Seattle have long had an exciting time as cranes keep popping … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But many mid-tier markets are red-hot. In San Francisco, the most expensive major rental market in the US, the median asking rent in November for one-bedroom … Read more