rental

Surge in Multifamily Housing Completions in the US Signals Positive Outlook for Renters

2 months ago

Recently, the US housing market has seen a significant increase in the completion of multifamily residential complexes. This trend promises positive changes for renters, as an increase in the supply of apartments could lead to a decrease in rental prices. Analysts note that such data could change the dynamics of the rental market across the country.

US Mortgage Rates Decline: Fed Policy Shift Expectations Drive Market Improvement

3 months ago

Amid significant expectations for potential changes in the Federal Reserve's (Fed) policy, mortgage rates in the United States continue to ease. As of today, the average rate for a 30-year fixed mortgage stands at 7.18%, which is 0.09% lower than the previous week, indicating a positive trend for potential borrowers.

Airbnb Urges NYC to Reconsider Short-Term Rental Regulations

3 months ago

Airbnb, the well-known rental platform, is actively advocating for the relaxation of stringent short-term rental regulations in New York City. Following recent legislative changes that tighten control over short-term rentals, company representatives have expressed their concerns that these measures could negatively impact the local economy and restrict opportunities for property owners.

Croatia Takes Steps to Regulate Tourist Rentals to Tackle Housing Crunch

3 months ago

Croatia, a popular tourist destination, has announced its decision to limit the number of properties rented out to tourists as part of its strategy to address the shortage of affordable housing. The authorities are concerned that the high proportion of tourist rentals is diverting resources needed for local residents, negatively impacting their needs. This decision responds to a long-standing issue where housing is becoming increasingly unaffordable for the local population due to the growing interest from international tourists.