The Rentership Roller Coaster: Most Cities Gained Renters, Despite a Pre-Recession Dip
Since the turn of the millennium, nearly all of America’s 50 largest cities have seen a rise in their rentership rates, the percentage of homes that are rented rather than owned. In all but a few of these cities, the ascent has been far from smooth.
A Greater Share of Rentals Are Out of Reach for Blacks, Hispanics
The typical black household could spend twice as much of their paycheck on rent as a workaday Asian household and still afford fewer rentals. In Boston, a typical white household can afford 34 times as many rental listings as a typical Hispanic household.
Homes With Central Air Command $5,486 More on Average
Nationally, 66.1 percent of homes listed for sale over the past year have central air conditioning, selling for 2.5 percent -- or $5,486 -- more than comparable homes without central air. In Las Vegas, the share is 99.1 percent.
When Rent Growth Signals Stability, Not Stress (May 2018 Market Report)
Median rent is growing faster this spring compared to last spring nationwide and in 27 of the nation’s 35 largest markets, according to the May Zillow Real Estate Market Report. But in 25 of those same 35 markets, rent itself was down somewhat in May compared to recent highs.
Rising Trend of Stay-at-Home Dads Hits All-Time High
The overall share of U.S. children living with a full-time, stay-at-home parent was unchanged in 2017 compared to 2016, and has remained largely flat since the mid-1990s. But even as full-time, stay-at-home parenting overall has stabilized, the share of stay-at-home dads has reached an all-time high.
Rent Control: A Political and Policy Conundrum
Despite the idea’s popularity among the general public, there are strong reasons to take a cautious tack when it comes to rent control.
Memphis and Other Southeast Markets Have the Shortest Buy-Rent Breakeven Horizons
The amount of time it takes for owning a typical U.S. home to make more financial sense than renting an identical home is now 1.96 years – or a little under a year and 11 months. It's a year and almost four months in Memphis.
Today’s College Grads Earn More, and Still Live at Home
New college grads have flocked to West Coast tech hubs over the past decade-plus. But as those markets rapidly become less affordable, recent data hints at a changing tide – and suggests rising housing costs nationwide are putting a squeeze on grads’ ability to strike out on their own.
10 Most Affordable Markets for Renters
Markets with low rents might not be as affordable as they seem when you consider the earning power of people who live there. Pittsburgh, St. Louis and Oklahoma City top the list of metros that pass a more realistic test.
Rents on Single-Family Homes Growing Faster Than Apartment Rents
At the national level, it’s less expensive to rent a single-family home than a more traditional apartment in a larger, more multifamily building. That could change, because single-family rents are growing at a noticeably faster annual pace.
