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House with "for rent" sign
September 24, 2024
|
United States
PayProp United States

Millions more people will rent for life, say lenders

Rent growth may be slowing, but industry experts believe there's no need to be alarmed.

Man watches arrows trend upwards
November 19, 2024
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United States
PayProp United States

Millions more people will rent for life, say lenders

Between the latest interest rate cut and the recent presidential election, the coming months of housing market data may be more volatile than we are used to.

House surrounded by red arrows pointing downward
October 22, 2024
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United States
PayProp United States

Millions more people will rent for life, say lenders

The Federal Reserve cut interest rates for the first time since March 2020. Could this entice renters to make the leap into homeownership?

Client signing paper contract while real estate agent gives them a key
May 28, 2024
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United States
PayProp United States

Millions more people will rent for life, say lenders

Until the Fed cuts interest rates and housing supply catches up with demand, home sale and rent prices will likely remain high for the foreseeable future.

Cleveland, Ohio skyline
March 26, 2024
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United States
PayProp United States

Millions more people will rent for life, say lenders

Affordability, lifestyle preferences, and the evolving hybrid job market are redirecting rental demand away from metros and towards smaller neighboring cities.

A pile of money in front of a house
June 25, 2024
|
United States
PayProp United States

Millions more people will rent for life, say lenders

The housing supply shortage is contributing to the high home and rent prices, and slow housing starts mean that it is likely to continue.

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