Tag
The renovations necessary to convert hotels into apartments are often cheaper and faster than those needed to convert office buildings.
Shaped by the car culture, dingbats are going obsolete due to earthquake risk. But their names and style flourishes bring nostalgic smiles.
Inflation, climate change and zoning laws have increased rents and building costs. Developers are focusing on high-priced luxury units.
In New York City, there’s been an uptick in landlords reporting tenants’ rents to credit bureaus, and not all renters are happy about it.
High mortgage costs, low supply of houses for purchase and high rents made for a pretty bleak year. But there’s a glimmer of light on the horizon.
Asking rents are down 1% nationally, though they’re still rising in some regions.
Ultra-cheap rentals declined in every state, especially in Texas and North Carolina, where renters from more expensive markets are moving.
The Census reports that construction of multifamily homes, like apartment buildings, was up about 25% year-over-year.
That’s good news if you’re looking to buy in Philadelphia, Detroit, Cleveland or Houston, but what about the rest of us?
Errica Jamil moved seven times in about as many years, earning her free or reduced rent. Now she owns a home of her own.