New research from the Federal Reserve Bank of Cleveland shows that investors now own up to one in three single-family homes in parts of Northeast Ohio — with a local nonprofit working to reverse that trend. Real estate investors were responsible for 43% of home purchases last year in some of Ohio’s and western Pennsylvania’s […]
Cleveland nonprofit fights to halt investor homebuying wave Read More »
A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,
Court dismisses N.J. mayors’ challenge to affordable housing law Read More »
The Department of Veterans Affairs (VA) announced Tuesday that it will distribute $84 million in grants to 176 organizations nationwide to help veterans who are homeless or at risk of losing housing. About $42 million will go toward legal aid — with the remaining half supporting case managers who work directly with veterans to keep
VA awards $84 M in grants to support homeless veterans Read More »
RAND and the Terner Center for Housing Innovation at the University of California at Berkeley have released a joint report examining how local housing agencies can more effectively use federal housing vouchers. The study, funded by the Cooper Housing Institute, found that while the Housing Choice Voucher (HCV) program — popularly known as Section 8
RAND study reveals key strategies to boost housing voucher effectiveness Read More »
U.S. real estate investors bought about 52,000 homes in the second quarter, the lowest level for that period since 2020, according to a report from Redfin. Purchases were down 6% from a year earlier — the largest drop since late 2023. Redfin, which analyzed purchase records across 39 major metropolitan areas, defines an investor as
Investor home purchases hit lowest second-quarter level since 2020 Read More »
U.S. Sens. Mark R. Warner (D-Va.), Andy Kim (D-N.J.) and Lisa Blunt Rochester (D-Del.) introduced legislation last week that would make it easier for faith-based organizations and colleges to convert unused land into affordable housing. The measure — called the Yes in God’s Back Yard (YIGBY) Act — would direct federal resources to help religious
Bill aims to expand affordable housing on unused religious, college land Read More »
Investor housing market activity slipped in the second quarter of 2025 but remains above recent historical averages, according to a new report from Cotality. Investors accounted for 32% of single-family home purchases in January, the report said. By June, the share had fallen to 29%. A year earlier, investors represented 25% of the market. “Investors
Investor housing market share dips but remains elevated Read More »
On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was
Rent collections improve slightly, but late payments signal strain Read More »
First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-unit developments. It provides rental estimates, value ranges and confidence scores for use by
First American launches monthly rent automated valuation model Read More »
Florida’s growth story is well-documented, and it continues to fuel demand for rental housing. According to the U.S. Census Bureau and the National Association of Realtors, Florida welcomed approximately 475,000 new residents in 2024, leading the nation in net migration. The state’s lack of income tax, favorable weather, and business-friendly climate are powerful attractors. However,
Florida’s single-family rental market is resilient, but not without risk Read More »