Search
  • Metro East REIA

Race for Space Pushing Up Suburban Rents

The Wall Street Journal (reposted in Realtor.com) says big companies that own single-family homes are raising rent at the fastest rate since they emerged from the foreclosure crisis, capitalizing on high demand for suburban housing. Interestingly, the WSJ says that while mom & pop landlords and individual investors own most of the country’s 16 million rental houses are also raising rents, they’re not raising them as aggressively as the mega landlords – which reportedly increased 7.5% on average in October. Continue reading HERE...

0 views0 comments

Recent Posts

See All

A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long

The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than