NOT FOR REPRINT
Page Printed from: globest.com/author/profile/philippa-maister?page=15
Sign In To follow
for mid-priced, three-star assets, rent growth remained positive at 1.3% and net absorption shot up
A double whammy of declining home values and rising taxes propelled the increase in effective tax rates.
In million-dollar cities median home values shot up 4.6% compared to a year ago
More affordable markets in the Midwest and Northeast grew in popularity as once-frenzied Southern markets cooled off
Data from 341 counties with a population of at least 100,000 shows rents rose more than home prices in 63% of them
The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market
The AIMI ended up higher for the full year 2023 -- even though it dropped in 4Q 2023
The upturn in February 2024 is even more welcome when compared to the preceding February when asking rents hit a low point
Renters in at least 21 of the measured 100 metropolitan areas are enjoying discounted rates
In 39 of the 50 weakest counties, the unemployment rate was at least 4%, compared to 3.7% nationally.