Getty Images. Maryland is among the most-challenging states for minimum wage workers to earn enough to be able to afford rent for a two-bedroom apartment, suggesting that affordable housing is “out of reach” for many low-wage renters. That’s the conclusion of the “Out of Reach” report from the National Low Income Housing Coalition (NLIHC), a […]
Another report has pegged the Sarasota-Bradenton area as one of the most expensive for renters in the country. A report from Lawn Love, a nationwide lawn service network, ranked the Sarasota-Bradenton area as the 17th-most expensive metro area for renters — the sixth-highest in Florida. The report compared 196 major metros based on their average […]
A row is brewing in New York City between renters and real estate brokers, over who pays the thousands of dollars in fees when an apartment is rented. On 12 June, lawmakers in New York met to discuss the Fairness in Apartment Rental Expenses act (Fare act), which would require the person who hires the […]
State Farm General is seeking to dramatically increase residential insurance rates for millions of Californians, a move that would deepen the state’s ongoing crisis over housing coverage. In two filings with the state’s Department of Insurance on Thursday signaling financial trouble for the insurance giant, State Farm disclosed it is seeking a 30% rate increase […]
Imagine handing over thousands of dollars, signing a lease for a home and moving all your belongings in — only to find out that you were scammed. Steve DuBrueler, founder and CEO of Coldwell Banker Premier, said there has been a surge in scams involving vacant properties. Now in his 36th year in the business, […]
Renters at southwest Atlanta apartment complex fed up with ‘inhumane conditions’ Renters at the Fairburn and Gordon apartment complex in Southwest Atlanta say they are fed up. “This ain’t no project baby, this ain’t even ghetto this is gutter, sewage gutter,” Deborah Love told Channel 2 Investigative Reporter Ashli Lincoln. They attended a status hearing […]
Bryan Tucker began looking for a starter home in the Washington, D.C., suburbs earlier this year. He soon decided it wasn’t worth it. In Arlington, Va., where he was looking, he found that most options he was interested in were priced over $1 million and way out of his budget. So he decided to renew […]
Renters in Michigan could organize tenant unions and deduct the cost of repairs they make from their rent under bills Democrats in the Michigan Senate introduced this week. The so-called “Tenant Empowerment Package” would also require renters to receive advance notice of any rent increases before the end of their lease to give them enough […]
Diminished lake levels in Austin have caused problems for boat renters of what is expected to be a busy Memorial Day weekend. Lake levels at locations across Austin and Central Texas are in various stages of flow, according to the U.S. Geological Survey’s National Water Dashboard. Most water sources around Austin appear to be at […]
Landlords at medium and large rental properties could no longer ban pets without a good reason under legislation that moved through the Assembly this week. The bill was originally aimed at helping most tenants with pets. But powerful housing interests got some big changes made. The housing groups pushed Assemblyman Matt Haney, D-San Francisco, the […]
America Will Be A ‘Nation Of Renters’ As Prices Soar Beyond Wages Under Biden’s Watch, Says Grant Cardone Under the Biden administration, the gap between U.S. wage increases and soaring rental costs has widened, with real estate mogul Grant Cardone attributing the disparity to current federal economic policies. While 1.2 million new apartments have been […]
US average rent rose to just under $2,000 per month in April, Zillow reports. Tenants now need to earn 36% more than they did in 2019 to afford a typical rent. While rent growth continues, multifamily construction has softened its advance. Renters just can’t catch a break, with April’s average US rent rising to just […]