More than 50% of Americans opting for 'rent-first' lifestyle, survey finds
A recent survey by Credit Karma reveals that over 50% of Americans are choosing a 'rent-first' lifestyle, prioritizing flexibility and savings over traditional ownership in various aspects of life, from housing to cars and fashion.
Here's how much long-term renters spend on average, and most affordable states for renters
With U.S. home prices and mortgage rates still high, many Americans remain renters – often spending a large percentage of their income on housing.
As rental market cools, one-third of property managers offer things like free weeks of rent or parking
A new report from Zillow finds that property managers offered incentives on their rental properties in July as rent growth slowed.
How high housing costs are impacting families
High housing costs are making it hard for many Americans to make ends meet, and monthly rents are rising faster than wages, according to the newest housing study from Harvard University.
10 cities where you'll regret buying property in next 5 years, according to real estate agents
Owning property is a dream for many Americans, but some cities appear to be a better investment than others.
Proposed ordinance in Hinsdale would limit short-term housing rentals
A proposed ordinance in Hinsdale aims to limit housing rentals to a minimum of 90 days in response to several complaints from residents about homes being used for short-term and nightly rentals through platforms like Airbnb and VRBO.
Cook County homeowners can make partial payments toward tax bill
Homeowners in Cook County were hit with record property tax hikes. Cook County Treasurer Maria Pappas joined Good Day Chicago to explain how property owners can make partial payments toward their upcoming bills.
Biden proposes capping national rent increases at 5%
Biden’s proposal to help cap rent hikes at 5% would only apply to certain landlords. Here’s what to know.
Nearly 1 in 4 US sellers cut home prices as inventory grows, Zillow report says
A recent report finds that sellers are slashing home prices to appeal to buyers in the market for housing.
Diddy's $70M Los Angeles mansion for sale following Homeland Security raid
Sean "Diddy" Combs is reportedly wanting to cut all ties with Los Angeles.
US housing shortage grew to 4.5 million homes amid affordability crisis, data reveals
The study reveals the housing shortage grew, underscoring one of the root causes of the housing affordability crisis.
Foreclosures on the rise again nationwide — A look at the hardest hit states
More Americans lost their homes in May as foreclosures move higher.
These US cities now among world's most 'impossibly unaffordable,' report says
Five U.S. cities ranked among the world’s top 10 most “impossibly unaffordable" places for housing, according to a new report.
Housing affordability is Gen Z's top voting issue, Redfin survey finds
Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election.
Homes are overvalued in most of the US – and the problem is worse in these 5 states
An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.
Housing prices in these states will become 'more affordable,’ Redfin CEO says
The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.
Here are the top 10 rental markets for recent college grads
Researchers put together a new report featuring the best places for new grads to call home, and these are the cities that made this year’s list.
Living close to mom is a major consideration for Americans buying a home
The location of a homebuyer's mom is playing a crucial role in purchasing decisions, according to a new study from Realtor.com.
House flipping down nearly 30% as profits drop, data reveals
Gross profits on home flips sank in 2023, the real estate report revealed.
HUD secretary announces funding for Chicago housing
The acting secretary of the U.S. Department of Housing and Urban Development made a major announcement in Chicago on Thursday.