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Renters face bidding wars as supply dries up

By Mike Wheatley | August 17, 2021
Bidding wars are becoming so common that they’re even impacting the rental market, as numerous wannabee tenants vie for a dwindling supply of homes and apartments listed for rent. Demand for rental properties is surging as workers begin moving out of their shared living situations as the U.S. reopens and gets back to work. Add […]
US Real Estate

Will lower rents tempt more people back into the cities?

By Mike Wheatley | January 26, 2021
Big cities have seen an exodus over the last year as people flee their cramped urban apartments in search of bigger suburban and rural dwellings due to the COVID-19 pandemic. That has led to a decline in rental prices in most major urban areas, and now experts say the cheaper prices could sway some people […]
Residential, US Real Estate, Zillow

U.S. rents rise for the 4th successive month

By Mike Wheatley | November 29, 2019
Rents across the U.S. are rising steadily, according to the October Zillow Real Estate Market Report, which found that the rate of year-over-year appreciation has increased in each of the past four months. The typical rent in the U.S. is now $1,600 per month, an annual increase of 2.3% in October – just off yearly […]
Residential, US Real Estate, Zillow

US rents rise again for 9th successive month

By Mike Wheatley | July 24, 2019
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to Zillow's latest Real Estate Market Report. The median U.S. rent rose 3% on an annual basis to $1,483, with Las Vegas (up 10%), Phoenix (up 8.4%) and Orlando (up 7.4%) seeing the largest year-over-year growth. Rents are up year-over-year in 49 […]
Rental Properties

How to Choose the Proper Rent Price for Your Property

By Jamie Richardson | February 22, 2018
Having a competitive rental rate is important to any landlord. But if you aren’t prepared, determining the right rental amount can be overwhelming. You want to make sure that the rent you charge prospective tenants is attractive.
Real Estate, Rental Properties, US Real Estate

Matrix Monthly Reports Cooling Apartment Rents in October

By Mike Wheatley | October 30, 2015
U.S. multifamily rents in October were $1,166, virtually the same figure as September, according to the newly released edition of Matrix Monthly, a survey of the 111 markets covered by Yardi Matrix
Real Estate, US Real Estate

Top Markets for Buying Rental Homes Revealed

By Mike Wheatley | July 4, 2014
As rental prices continue to rise, investors are still hunting for the best buys for single-family rentals. RealtyTrac found the top markets for buying residential property to use as rentals by factoring in unemployment rates as well as annual gross rental yields.
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