apartments

There was a huge surge in demand early in the pandemic. That has cooled down dramatically, and in some areas, demand is starting to be met.

That’s because apartment developers have a lot more incentives to keep building right now.

One report found that net effective median rent in Brooklyn jumped more than 27% year-over-year in August.

“It’s a new level of insanity in the market,” said recent New York City apartment seeker, Maya Kosoff.

Heather Vogell of ProPublica finds short term-oriented corporate investors are increasingly becoming apartment landlords.

For many Americans, rents are rising much faster than official numbers suggest.

And new data shows that buying a place is more affordable than renting in some areas.

The National Association of Realtors reported on Monday that pending home sales were up 7.5% in October.

About 20,000 new apartment units were created this year in buildings that used to serve some other purpose.

Bidding wars to rent? One would-be renter says that’s going on in Houston, Texas.