Rents remain elevated while for-sale inventory expands and price reductions are common, creating opportunities to convert renters. AI Summary Rent prices remain high as for-sale supply expands. HW ...
Rents hit a record high in July for the 17th month in a row, putting ever more pressure on renters. The national median rent hit a new record high of $1,879 a month in July, up 12.3% from a year ago, ...
One byproduct of this decade’s surging home prices is that rental rates have soared as well, forcing many tenants to cut back on essential budget items just to meet their monthly rent payments.
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