The Problem Housing unaffordability isn’t just a problem for prospective homebuyers anymore. High interest rates and record home prices are creating high demand for rental units, driving up rent as well. But the White House is hoping to change to limit this. President Joe Biden proposed a rent hike cap Tuesday, hoping to bring stability…Read more
Eviction levels across the nation have largely settled back at their pre-pandemic levels. But there’s a notable exception: the Sunbelt. America’s southwest, including states like Texas and Florida, has been one of the hottest real estate destinations. But in several Sunbelt cities, eviction filings are still a whopping 35% higher than pre-pandemic levels, according to…Read more
How Cool Is Too Cool? The economy has gradually cooled over the last year or two, but where is it headed? Inflation has come down notably, while the labor market continues to remain resilient (even though it’s not as blazing hot as it was two years ago). As Federal Reserve Chair Jerome Powell noted at…Read more
