Rents continued to fall in many cities last month, but could soon rebound, according to a new report.
The post Renters in These Cities Could Save Up to $5,000 by Signing a Lease Now appeared first on Real Estate News & Insights | realtor.com®.
New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds
The debt figure is the most recent indicator that unemployment benefits and federal stimulus packages have so far been inadequate to alleviate the growing financial burden of missed rent payments across thousands of city households.
The post New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds appeared first on Real Estate News & Insights | realtor.com®.
Why NYC Rents Surprisingly Hit New Highs During Coronavirus Crisis—and Will Probably Fall
This is why rent prices in New York City, the epicenter of America’s coronavirus crisis, hit new all-time highs in April as the pandemic raged on.
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More Tenants Paid Rent on Time in May, But Activists Press On With Strikes
Activist groups in New York, California and elsewhere say they will press ahead with rent strikes this month in the wake of the steep rise in unemployment.
The post More Tenants Paid Rent on Time in May, But Activists Press On With Strikes appeared first on Real Estate News & Insights | realtor.com®.
More Tenants Paid Rent on Time in May, But Activists Press On With Strikes
Activist groups in New York, California and elsewhere say they will press ahead with rent strikes this month in the wake of the steep rise in unemployment.
The post More Tenants Paid Rent on Time in May, But Activists Press On With Strikes appeared first on Real Estate News & Insights | realtor.com®.
Rent Strike Planned for May 1 as Pain of Coronavirus Deepens
The Queens, NY, strike is part of a nationwide effort to get tenants to stop paying rent on May 1 as they contend with widespread joblessness and economic hardship.
The post Rent Strike Planned for May 1 as Pain of Coronavirus Deepens appeared first on Real Estate News & Insights | realtor.com®.
Rent Strike Planned for May 1 as Pain of Coronavirus Deepens
The Queens, NY, strike is part of a nationwide effort to get tenants to stop paying rent on May 1 as they contend with widespread joblessness and economic hardship.
The post Rent Strike Planned for May 1 as Pain of Coronavirus Deepens appeared first on Real Estate News & Insights | realtor.com®.
Rent Is Accelerating Again. What Can Be Done?
Rental price growth is surging higher again, adding fresh urgency to policymakers’ considerations of how to address a worsening affordability crisis.
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Apartment Developers Are Slowing Construction. That Could Mean Higher Rents.
Rising construction costs and a tight labor market are slowing a nearly decade long apartment boom, easing a burgeoning glut at the top end of the market.
The post Apartment Developers Are Slowing Construction. That Could Mean Higher Rents. appeared first on Real Estate News & Insights | realtor.com®.
Rents Are Still Growing Much Faster Than Wages, Even as Growth Cools Slightly
Rental costs rose by 3.6% for the twelve months ending in May, down a tick from April’s 3.7%, the Labor Department said Tuesday.
The post Rents Are Still Growing Much Faster Than Wages, Even as Growth Cools Slightly appeared first on Real Estate News & Insights | realtor.com®.
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