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Tag: Affordability of housing

Buy or rent? Study shows what is better today

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Buy or rent? Study shows what is better today

The probability that Real estate prices will rise reverses the calculation in favor of Buy instead of rent in more than half of the 50 markets studied by First American Data & Analytics. The typical calculation between renting and buying does not take into account the equity building that is the main benefit of homeownership, […]

Rents fall for all room categories for the first time in four years

Posted on | Posted on Jasper | Leave a Comment on Rents fall for all room categories for the first time in four years
Rents fall for all room categories for the first time in four years

The national median asking rent was $1,647 in July, $53 below the all-time high in 2022. Rents for apartments with three or more bedrooms fell the fastest, by 2.4% compared to the previous year. Rents have declined in Sun Belt metropolitan areas, particularly in Florida and Texas, where new construction has been strong since the […]