Housing cost burdens fell for the third consecutive year*. Last year, 39.6 million households spent more than 30% of their income on housing, which is a decrease from 40.9 million in 2012 and down from the peak of 42.7 million in 2010. However, while housing cost burdens are dropping among home owners, they continue to …
Tag Archive: rentals
Sep 05
Seattle area rental demand high… and so are rents
Low housing inventory, a growing population of young tech-company workers and changing attitudes about when to buy a home are all contributing to rent increases throughout the Seattle metro area. Even after hundreds of new units opened up in Seattle this year, demand and rent prices have continued to move up and show no signs of …
Mar 26
42% cheaper to buy in Seattle area than to rent
Wow! Did you realize that today’s mortgage rates and home prices combine to make it 42% cheaper to buy a home in the Seattle area than to rent? Big difference, eh? Nationwide it’s 44% cheaper to buy than to rent… but this picture will be changing according to Trulia. Check Trulia’s infographics to see where …
Dec 04
Buying is 42% cheaper than renting in Seattle area
It’s more affordable to buy a home than to rent in the 100 largest metros in the nation. That’s the case if you plan to stay in the home for seven years, which is the average time Americans traditionally live in a home before moving. The findings come from real estate data provider Trulia, which conducted a …
Nov 13
Rents… where are they headed?
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. So, where are rental prices heading over the next few years? Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices …
Sep 19
Rents rising: Seattle rents up 9.5% as of June
Home prices make gains in June June asking prices for homes sold were up by 0.3% month over month in June 2012, the latest month of Trulia national data. Aside from May, when asking prices increased by so little that they were essentially unchanged, asking prices have moved up every month since February. Now, even the year-over-year price …
Mar 21
Rents Rising as Rental Availability Shrinks
Because of the challenges in the current economy, many families have either decided to rent or been forced to rent. How has this impacted rental options and the cost of the available options? HousingWire recently quoted Paul Dales, senior economist with Capital Economics: “As a consequence of Americans being less willing and less able to buy …
Feb 08
Where Are Rents Headed?
People are delaying the decision to buy a home because they are not sure where prices are headed. If they buy and prices continue to soften, they feel that they will not have purchased at the optimal moment. They reason that, if they sit and wait, they can’t be hurt. This thinking assumes that a …
May 06
Rental market continues to tighten
Fewer vacancies, higher rents The Market Tightness Index, which examines vacancies and rents, rose to a record 90 from 78 last quarter. … Almost four in five respondents (79%) said markets were tighter (lower vacancies and/or higher rents) and—for the first time ever—not a single respondent thought conditions were looser. According to NMHC Chief Economist …
Apr 28
Economy growing and rents creep up
Despite uncertain impact of world events, economic growth slowly continues After having expanded at an annualized rate of 3.1 percent at the end of 2010, our total economic output grew at an annual pace of 1.8 percent last quarter, the Commerce Department reported this week. This quarter’s moderate growth pace marks the seventh straight quarter of positive …
Contact Sarah
Why Keller Williams?
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
