Items Tagged with 'vacancies'

ARTICLES

  • Here are Q1 2018's homeownership drivers

    Hispanics, Millennials, vacancies
    The homeownership rate was not statistically different from last year in the first quarter of 2018. That said, the homeownership rate did increase slightly, in some demographics more than others, and these were some of the driving factors.
    Read More
  • New York landlords face mounting pressure to lower rents

    Vacant properties on the rise
    Like many other areas of the country, New York experienced a boom in higher-end listings since 2013. Now, however, it faces an oversupply as the market at the top softens and the affordable homes and apartments are snatched up faster than the market can keep up with. Landlords at high-end properties are now under increased pressure to lower their rent prices, or watch vacancies increase.
    Read More
  • A case of vacant homes versus Airbnb

    Vacant homes aren’t decreasing — is Airbnb a cause?
    A new report from Capital Economics raises a case against Airbnb: vacancies. While foreclosures decreased since 2010, the same can’t be said for vacancies that are off the market. It seems that Airbnb may have a hand in that, here’s why.
    Read More
  • Strong housing market helps reduce lingering foreclosure inventory

    RealtyTrac: Lenders take advantage of seller’s market
    "Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory over the past year, evidenced by 12 consecutive months of increasing bank repossessions ending in February and now evidenced by these numbers showing a sharp drop in vacant zombie foreclosures compared to a year ago," RealtyTrac senior vice president Daren Blomquist said.
    Read More