Just how much are Americans paying in rent? Here at Rental Beast, we always have our eye on real estate trends (Related: 7 Critical Real Estate Trends (And What They Mean!) We want you to feel knowledgeable, and confident that you’re making the right move based on the dynamics of the US real estate market. … More 5 Cities With The Highest Rent in the US
It’s no secret that renting is growing in popularity with every segment of the population– from young Gen Zs just entering the housing market to the Baby Boomers once defined by stable homeownership. However, it’s the Millennial generation leading the charge! This formidable market force is prone to renting everything– from their clothes, to, of … More Most Real Estate Agents Don’t Know This About Millennials
Happy September! Here at Rental Beast, we’re saying “goodbye” to beach vacations, “hello” to sweater weather, and we’ve been doing a lot of reflecting on recent real estate trends. We want you to feel knowledgeable about the market, so take a look at some trends we’ve been tracking during this summer and what they might … More 7 Critical Real Estate Trends and What They Mean— Your August Update
How come rent’s soaring and Floridians can’t keep up? Let’s take a couple of looks at why Miami is facing an affordability crisis and what they might do combat it. … More Miami’s Affordability Crisis: Why Are Rents so High?
Like any group of would be homebuyers, Millennials— the fasted growing segment of the real estate market— has a wish-list. One thing certainly not on that list is a McMansion. 79% of Millennials still consider owning a home part of the American Dream, but the homes they want are far different from the ones their … More The Death of McMansions
Suburban renting isn’t new to 2019, but it’s growing in popularity. As of 2017, suburban areas are outpacing urban areas in 18 out of 20 of the largest metros. We’ll take a look at who is renting in the suburbs, why they are flocking to the suburbs, and the benefits for real estate agents hoping to get a piece of the action. … More Suburban Renting: Why Real Estate Agents Must Pay Attention
Renters over 60 — the baby-boomers once defined by stable homeownership— are opting out of the idyllic American Dream of a paid-off home complete with a porch and a few acres of land, and deciding to spend their golden years in a rental. … More Renters Over 60 Set to Dominate the Market
Rent in Boston costs over triple the 2018 national average. Find out what’s driving these sky-high prices. … More Rent in Boston, and why it’s so high
As Millennials and Gen-Xers continue to impact the real estate market, agents and brokers are becoming significantly more valuable. In the most recent REAL Trends Consumer Study, 90% of buyers and sellers used an agent to facilitate their transaction. This is the highest it’s been since the report was formed in 2001. 91% of Millennials … More Millennials are using Real Estate Agents more and more
According to CoreLogic, new and existing houses and condominiums sold during this past month of September fell 18% compared with September of 2017. This is a worrisome trend for potential home buyers, as the median price for homes sold in September was $505,000 (3.6% higher than it was last year). With prices rising, and home … More RB Insight: Southern California Housing Slump