Tag Archives: Housing

Confused about the housing market? Here’s what’s happening

Rental bidding wars heat up as economy improves in tight housing market

They are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging and outpacing supply.

Home Price Appreciation Widens Affordability Gap, Sustains Strong Apartment Housing Demand

Despite tight inventory levels, overall home prices are accelerating at a subdued pace as buyers remain on the sidelines by not providing offers on marketed homes. Housing needs are then directed to apartments. Last year, more than 340,000 units were absorbed, the highest level since 2000.

Tax Law Changes Could Usher in New Challenges For Housing Market, Reinforce Renter Demand

Existing single-family home sales increased a modest 1 percent over 2017 as limited for-sale inventory kept the market from gaining traction. While many of the factors contributing to a restriction in sales velocity remain the same, changes to the tax code remove some of the incentives to homeownership, and anticipated interest rate increases this spring will bring additional challenges to the future of the housing market.