Rising rents contribute to increase homelessness, Zillow says

Rising rents across the country are burdening financially limited renters, and contributing to higher rates of homelessness in many of the nation’s least affordable markets. The U.S. Department of Housing and Urban Development (HUD) estimates that 553,752 people nationwide experienced homelessness in 2017, based on a point-in-time count in January. Since 2010, the counted homeless

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Experts call on landlords to refrain from increasing rents

The reduced number of rental vacancies available, combined with strong demand for such properties, could tempt landlords to increase their rents even more. However, housing experts are advising landlords against doing so, saying that any further hikes would overburden tenants, many of whom are already struggling to keep up with the costs. The largest landlord

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Big tax hikes impact commercial properties

Steep rises in property taxes are affecting commercial and multifamily properties across the U.S. due to assessors resetting values at higher levels than before, according to a report in the National Real Estate Investor.

Home buyer sentiment falls in face of mortgage rate rises

Mortgage rate increases are chipping away at home buyer sentiment, according to the latest reading from Fannie Mae’s Home Purchase Sentiment Index.

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