News & Trends

This department of Rental Housing Journal is dedicating to keeping apartment owners, multifamily executives, real estate investors, landlords and other real estate professionals up to date with the latest trends in real estate, property management and more. Here you will find trends in rents, real estate sales, apartment development, the economy at large and property management and investing industry matters.

real estate market trends
Wed
11
Jan
The Editors's picture

Home Values Rise at Fastest Pace Since 2006

Home Values Rise at Fastest Pace Since 2006

Home Values Rise at Fastest Pace Since 2006

The median home value in the U.S. is now $192,500, according to Zillow's November Real Estate Market Report, just 2 percent shy of 2007 peak.

In November, national home values rose at their fastest annual pace since 2006, near the peak of the housing bubble. The Zillow® Home Value Indexi (ZHVI) is $192,500, 2 percent shy of the records set in 2007, according to the November Zillow Real Estate Market Reportsii.

Rents, which were the big story of 2016 as they rose at a record pace, have slowed considerably to a 1.5 percent annual appreciation rate; this rate is expected to continue into 2017. The median monthly rent payment in the U.S. is now $1,403.

Tue
10
Jan
The Editors's picture

Airbnb Starts Paying Taxes To State Of Arizona This Month

Arizona Governor Doug Ducey says Airbnb will start paying taxes to the state in January 2017

Airbnb will begin to electronically file and pay the state and local transaction privilege taxes due on behalf of its customers in Arizona beginning this month, according to a release from the Arizona governor’s office.

Arizona Governor Doug Ducey and Airbnb said in the release the official agreement between the online home sharing company and the Arizona Department of Revenue on the reporting and paying of taxes on behalf of Airbnb hosts is “groundbreaking.” The agreement furthers the governor’s vision of embracing new, 21st century business models in the sharing economy that benefit all Arizonans, according to the rlease.

Tue
10
Jan
The Editors's picture

U.S. Housing Worth Record-High $29.6 Trillion in 2016

U.S. Housing Worth Record-High $29.6 Trillion in 2016

U.S. Housing Worth Record-High $29.6 Trillion in 2016

The national housing market gained $1.6 trillion over the past year, a 5.7 percent increase from 2015

The total value of the U.S. housing stock grew to a record-high $29.6 trillion in 2016, according to a new Zillow® analysis. The housing market saw a strong year of appreciation, growing 5.7 percent in value, or $1.6 trillion.

The U.S. housing market has regained all the value lost during the housing crisis. The cumulative value of all homes in the U.S. declined by $6.4 trillion between 2006 and 2012 as the housing market collapsed.

A home is typically the biggest part of an individual or family’s wealth, and the cumulative value of the U.S. residential housing stock is similarly significant to the national economy. The U.S. GDP is an estimated $18.7 trillioni, nearly $10 trillion less than the value of all homes in the country.

Tue
10
Jan
The Editors's picture

Housing Data Reveals Gaps in Economic Opportunity Along Generational, Racial, and Socio-Economic Lines

Housing Data Reveals Gaps in Economic Opportunity Along Generational, Racial, and Socio-Economic Lines

Housing Data Reveals Gaps in Economic Opportunity Along Generational, Racial, and Socio-Economic Lines

Zillow Economic Forum will explore disparities revealed by housing data and how it affects people in different groups

As the U.S. housing market nears full recovery, widening gaps along racial, socio-economic, and generational lines are impacting the growth of the housing market and individual cities, according to a growing body of Zillow® research.

For example, though millennials want to own homes, the share of young people living at home with their parents has increased sharply. Black mortgage applicants are denied loans at a much higher rate than applicants of other races. And housing affordability is twice as bad for those making a low income than those making a high income.

Tue
10
Jan
The Editors's picture

More than One in 10 Homeowners Underwater as Housing Market Nears Full Recovery

More than One in 10 Homeowners Underwater as Housing Market Nears Full Recovery

More than One in 10 Homeowners Underwater as Housing Market Nears Full Recovery

Rising home values are freeing homeowners from negative equity, allowing them to re-enter the market, but 11 percent of homeowners remain upside-down.

Nationally, the negative equity rate fell to 10.9 percent in the third quarter, down from 13.4 percent a year ago.

Western metros have the lowest rates of negative equity.

26.1 percent of homeowners with a mortgage have less than 20 percent equity in their homes, or are in effective negative equity.

Even as home values approach the highest levels reached during the housing bubble, 11 percent of homeowners with a mortgage are underwater, according to the third quarter Zillow® Negative Equity Reporti

Mon
09
Jan
The Editors's picture

Rental Rates Will Increase Faster Than Inflation In 2017

Rental rates will increase in 2017 new report says

Rental rates will increase faster than inflation in 2017 according to a  property management organization that has put together 5 predictions for landlords at part of their 2017 outlook, according to a release.

Real Property Management predicts 2017 to be a good year for landlords with the key factors being rental rates and vacancy rates.

“Rental rate increases will outpace inflation in the coming year, while vacancy rates will remain stable,” Bob Pifke, CMO of Property Management Business Solutions, LLC, said in the release.

Fri
06
Jan
The Editors's picture

New App Reveals Most Lucrative Markets For Vacation Rental Investors

vacation rental areas for real estate investors

A new tool to help real estate investors in the vacation rental property area has been launched and is called Investment Explorer, according to a release.

It is a web app combining over 100,000 properties rented on Airbnb with home value data to identify the most profitable short-term rental investment locations in the U.S. according to the release.

Investors  can also view individual Airbnb listing revenue, occupancy and nightly rates on a map to learn what specific locations and types of properties are performing the best.

Fri
06
Jan
The Editors's picture

A Look Back At Rents In 2016

A look back at rents in 2016

A rental listings company has put together rents data looking back at what happened with rents in 2016, and broken out detail for the Pacific Northwest and West.

The national average rent price fluctuated quite a bit throughout the year, according to ABODO data.

Overall, however, the year held more monthly increases than decreases, with an average monthly change — the mean of every month-over-month change throughout the year — of .67%, for a total increase of $85 between January and December. Nationwide, the average renter in 2016 paid $1,001 per month.

Rents nationally in 2016 according to aboda data

Tue
03
Jan
The Editors's picture

New Jobs And Retirees Moving To Pacific And Mountain West

Retirees moving to the Pacific northwest

Oregon and Washington continue to be top states where retirees are moving according to a new survey from United Van Lines.

Retirees are continuing to move to the Mountain and Pacific West.

The Western U.S. is represented on the high-inbound list by:

Fri
30
Dec
The Editors's picture

Portland Had Largest Housing Worth Growth in 2016

Housing worth in Portland climbed most in 2016 for major metros

Portland had the largest housing worth growth among the largest housing markets in 2016, growing 13.4 percent for the year, according to a new study.

The total value of the U.S. housing stock grew to a record-high $29.6 trillion in 2016, according to a new Zillow analysis. The housing market saw a strong year of appreciation, growing 5.7 percent in value, or $1.6 trillion.

The U.S. housing market has regained all the value lost during the housing crisis. The cumulative value of all homes in the U.S. declined by $6.4 trillion between 2006 and 2012 as the housing market collapsed.

Pages

Subscribe to RSS - News & Trends