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Austin home to 1 of the highest rentership rates in US

Summary by KXAN

AUSTIN (KXAN) — The Austin metro has one of the largest rentership rates in the country, according to a new analysis of end-of-2024 data released by residential real estate company Redfin on Wednesday. The findings come as the number of renter households in the U.S. increased nearly 1% between late 2023 and early 2024, with more than 45 million renter households now reported in the nation. Austin ranked No. 18 out of the largest 75 metros in the…

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Austin home to 1 of the highest rentership rates in US

12 days ago·Austin, United States

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localteam.ai

Austin Condo vs House Prices: Key Differences

Choosing between a condo and a house in Austin comes down to lifestyle, budget, and investment goals. Here’s a quick breakdown: Condos: Lower upfront costs, urban living, higher price per square foot, fixed HOA fees for shared amenities like pools and gyms. Houses: Higher initial investment, more space and privacy, unpredictable upkeep costs, broader neighborhood options. Quick Comparison: Factor Condos Houses Initial Cost Lower Higher Lifes…

11 days ago

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Austin Weekly News

Banking starts comeback in Austin after decades - Austin Weekly News

Chicago’s West Side has been underbanked for half a century, but it’s finally starting to see more investment from banks and credit unions.

13 days ago·Oak Park, United States

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themortgagepoint.com

Lagging Multifamily Permits Hindering Asking Rents - The MortgagePoint

According to the Realtor.com February rent report, rents in the top 50 metro areas have been falling for more than a year, but low multifamily permitting activity is paving the way for rising rents. In actuality, only 294,000 multifamily units were allowed in the top 50 metro areas in 2024—much fewer than the 318,000 units allowed during the pandemic’s peak in 2020. “During the pandemic, rent prices surged significantly. While there has been a g…

13 days ago

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Scioto Valley Guardian

New report warns of nationwide surge in rent due to housing permit slowdown

Scioto Valley Guardian

14 days ago

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pressreach.com

Fewer Multifamily Permits Today Could Mean Costlier Rents Ahead - PressReach

Rent jumps are expected in: New York, N.Y., Kansas City, Mo., Detroit, Mich., Washington D.C., San Jose, Calif., Baltimore, Md., Boston, St. Louis and Charlotte, N.C. Federal employment hot spots show no sign of meaningful impact from federal layoffs… yet AUSTIN, Texas, March 19, 2025 /PRNewswire/ — Rents have been on a decline in the top 50 metros for over a year, but low multifamily permitting activity is making way for higher rent prices, acc…

14 days ago

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