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Renters Flocked To These Cities Last Year—And Left The Big Ones

Renters Flocked To These Cities Last Year—And Left The Big Ones

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Renters Flocked To These Cities Last Year—And Left The Big Ones
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bizjournals bizjournals | 1 year ago
Driven by skyrocketing home prices and rising interest rates, average mortgage payments in the Twin Cities have climbed by more than a third in the last year, pushing the metro area's homeowners above a threshold widely considered burdensome.
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Gen Z renters seem to be moving to areas that are primarily attractive tourist destinations. What cities are experiencing the boost in 2022? Table of Contents What Is Gen Z?…
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mcdanielrealestatesystems mcdanielrealestatesy... | 2 years ago
We saw a lot of interesting changes in real estate last year, and as a result, many agents were forced to adapt to stay in the business. The question is, as we head into a new year, which of those adaptations worked?   Which marketing strategies should we be taking into 2022 with us? Is there anything we should be leaving behind?    What do industry newbies need to know as they begin their journeys in real estate?   In this episode, we’re diving deep on what worked best in 2021, so we can ...
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forbes forbes | 1 year ago
Art Brings New Life To These American Cities The Bob Dylan Center opened on May 05, 2022 in Tulsa, Oklahoma. (Photo by Lester Cohen/Getty Images ... [+] for The Bob Dylan Center) Getty Images for The Bob Dylan Center The Bob Dylan Center opened on May 05, 2022 in Tulsa, Oklahoma. (Photo by Lester Cohen/Getty Images ... [+] for The Bob Dylan Center) Several American cities are experiencing a renaissance because they are redefining themselves with new attractions....
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A stunning report finds Portland is among the worst cities for renters
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bizjournals bizjournals | 2 years ago
A new Redfin survey suggests that the U.S.'s median monthly asking rent in the U.S. increased by 17% last year. If only Portland renters were so lucky. Those who sought new living spaces in the Rose City paid an average of 40% more than they did in March 2021, according to Redfin. That's the highest such increase in the nation. The median asking rent in Portland for apartments available to new renters was $2,472, according to Redfin. Portland ranked just ahead of Austin in terms of the highes...
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bizjournals bizjournals | 1 year ago
Coveted real estate in Oregon coastal communities was a hot commodity in 2021. There were a total of 4,112 closed sales last year, 10.3% more than in 2019, the last year we collected the data from RMLS. The average median sale price rose 41.5% over those two years of pandemic to hit $420,337. And coastal homes sold rapid-fire in 2021 at an average median of 11 days, 75% faster than in 2019. It's possible this bump in activity was due in part to the migration of workers away from urban centers t...
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bizjournals bizjournals | 1 year ago
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www.realtor.com www.realtor.com | 1 year ago
The nation’s fastest-growing cities are more like popular suburbs located just outside of the hottest real estate markets. And they are all clustered in just two states: Texas and Arizona. During the height of the COVID-19 pandemic, smaller cities just beyond the city limits of Austin, TX, and Phoenix, AZ, grew at the fastest clip in the country from July 2020 through July 2021, according to a recent U.S. Census Bureau report. (The report looked at cities with at least 50,000 residents.) “M...
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lightersideofrealestate lightersideofrealest... | 1 year ago
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