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Single-Family Rental Prices Jump at the End of 2021

Pro Builder

Single-Family Rental Prices Jump at the End of 2021. Tue, 12/21/2021 - 10:00. As sellers take the upper hand in a competitive housing market, landlords are also set to end the year on a high note thanks to a steady increase in new lease effective rents during the final months of 2021.

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What’s Driving Record Growth in the Rental Market?

Pro Builder

A record 700,000 apartments were leased last year, more than double the five-year average, while leases in Q1 2022 were double the number reported in Q1 2021, according to John Burns Real Estate Consulting. Household incomes also rose 10% year-over-year in April 2022, helping to keep rent-to-income ratios below 30% nationwide.

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Rents Keep Rising in U.S. Metros, Pushing Affordability Out of Reach for Millions

Pro Builder

Average national rents rose 14% in 2021 to $1,877 a month, The Washington Post reports, and the Federal Reserve is eyeing an additional 10% price increase in the coming year. We have an inadequate supply of homes — for both rent and for sale — and of course the lowest income families are being hit hardest.”. Affordability.

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

a homeowner with leased photovoltaic panels on their roof) in southern Nevada by approximately $623 per year, having the effect of increasing electricity costs for the many (including disproportionately, the poor). Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.

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Housing Market Pushes Buyers to Rentals, Intensifying Demand

Pro Builder

Thu, 08/12/2021 - 10:11. One Maryland landlord said they have leased properties for 20 years and have not seen this type of applicant pool before. Housing Market Pushes Buyers to Rentals, Intensifying Demand. cbroderick. July rents were 7% higher than one year ago for one-bedroom apartments and 8.7% higher for two-bedroom apartments.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

Thu, 04/01/2021 - 13:50. Located on 10 acres in a Denver suburb, it serves some 500 low-income homes. . Advocates noted farmers are paid to lease the land, and animals can graze beneath the solar panels. Energy Innovation: Solar Energy Solutions Continue to Gain Momentum. In Montgomery County, Md.,

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Attainable Housing Options: Rethinking the Starter Home

Pro Builder

Consumer research we conducted in 2021 among 1,242 homeowners with a net worth of $100,000-plus (excluding those who never plan to move) shows that one in four respondents would prefer to rent if it allowed them to live in a home that met their exact needs. Since their grand opening in November 2022, the Villas are currently 63% pre-leased.

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