Posts Categorized: Rent

Rent in These 9 Cities Will Get Cheaper in 2016

Spending way too much of your income on rent? This year you could get some relief. Real estate marketplace Zillow issued a new forecast last week that indicates that rent prices won’t rise as quickly in 2016 has they have in the past. Zillow expects rental appreciation to “level off over the next 12 months,… Read more »

D.C. an Unaffordable Place to Rent

It is always surprising to me how much space a renter gets for $2,000 or less a month. For many parts of Northwest D.C., $2,000 a month rents a junior one bedroom. For most places in the country, this rent is considered delusional whereas it has become a norm in the District. The D.C. housing… Read more »

Rents in Brooklyn and Queens Nearly As Pricey as Manhattan

Median Manhattan sales prices have reached a new high just shy of $1 million since the recession, and median rent in the borough is expected to follow suit and reach $3,092 in 2015. While that’s not all that surprising—everyone knows Manhattan is expensive—and at this point, it’s not even all that surprising that some Brooklyn… Read more »

Cold Weather Incoming!

  We’ve had a brief spell of cold weather lately in Seattle, signaling that a climate   change is imminent. We know people like to get everything done before it gets too cold outside, so if you’re putting something off make sure to get to it! Wash your car, clean the gutters, clear out your garage, put… Read more »

Where It’s Cheaper to Buy Than Rent in the US

Trulia bases these calculations on all the homes listed on their site for rent or sale in March 2015. They include things like mortgage payments, maintenance, insurance, taxes, closing costs, down payment, sale proceeds and security deposits in the cost of owning and renting, and make a separate calculation for homeowner association fees. At Gay… Read more »

Housing Bust Mixed Owners With Renters

The housing bust blurred one of the distinctions that we often use to define and divide ourselves: whether we’rehomeowners orrenters. In the midst of the crash, longtime homeowners suddenly became renters (some of them even in their own homes). And many longtime renters suddenly concluded that they might not want to own after all. Single-family… Read more »

Renters Beware! Don’t Get Caught in the ‘Renter’s Trap’

In a recent press release, Zillow stated that the affordability of the nation’s rental inventory is currently much worse than affordability of the country’s home sale inventory. The release revealed two things: Nationally, renter’s signing a lease at the end of the second quarter paid 29.5% of their income to rent U.S. home buyers at the end of… Read more »

Are Seattle Renters Being Priced Out of the Market?

In the next few years Amazon said they will hire an additional 12,000 employees and they all have to live somewhere. But at what cost? The rapid redevelopment could become an epidemic for all of King County. The average one bedroom in South Lake Union costs $2,200. That’s more expensive than many of the trendy… Read more »