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Stories published on Jul 1
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  • Stories published on Jul 1

Monday, Jul 1

23

Turning renters into homeowners

Many renters see homeownership as unattainable due to financial constraints and a lack of understanding of the long-term benefits. They often focus on the immediate costs rather than the potential gains. The key to changing this mindset…

22

Philly-area renter households make $22,300 less than they need to afford a typical apartment for rent

www.inquirer.com

Renters can afford median asking rents in only five of the 33 major metropolitan areas that Redfin analyzed. Just 35% of Philadelphia-area renters can afford the typical new lease.

21

Housing Market Takes a Turn for Renters

www.newsweek.com

New apartments are seeing prices falling.

20

‘Bleak picture’: Quebec moving day sees scores of renters still hunting for new home

globalnews.ca

Montreal's municipal housing office, known as the OMHM, confirmed it has received 811 calls for assistance since the beginning of 2024.

19

Almost 30% house renters in this Northern Virginia city pay more than $5,000 a month

wtop.com

Real estate site Point2 ranks Arlington, Virginia, No. 10 in the nation in luxury houses for rent with 29.67% of rental houses costing at least $5,000 a month.

Sunday, Jun 30

20

14

‘We are being charged $400 a month’: Renter uses portable AC unit hack to circumvent high electricity bill this summer

www.dailydot.com

Last week, 76 million Americans were under a heatwave warning and 150 million experienced over 90 degrees Fahrenheit. A Kansas City-based woman revealed how she bought a portable AC unit to combat the heat wave while trying to lower her…

Saturday, Jun 29

Renters in New York City fight back against real estate broker fees

www.theguardian.com

City is one of few in the US where tenants can be forced to pay fees, despite a landlord having hired the broker

Friday, Jun 28

20

Homeowners and renters struggling to afford the high cost of housing: survey

www.foxbusiness.com

Renters and homeowners have had to downsize, tap their retirement savings and delay critical housing repairs to afford the high cost of housing, a recent Nationwide survey said.

19

State Farm seeks major rate hikes for California homeowners and renters

www.latimes.com

In a sign of financial trouble, State Farm General has asked for permission to dramatically increase insurance rates for millions of California homeowners and renters.

11

'I was quoted £10k for air con – but £5 renter-friendly hack saved me during heatwave'

www.mirror.co.uk

After being quoted a whopping £10,000 to have air conditioning installed in her home, savvy shopper Liliana got creative and ended up cooling her room by 7C with a £5 hack that's ideal for renters

Thursday, Jun 27

23

Renters Need To Make $66,000 A Year To Afford The Typical Apartment: Can They Buy A House Instead?

www.benzinga.com

Americans can't afford 2024's housing market. Renters need $66,000/yr for median-priced apartment, homeowners need $115,000/yr for median house.

Almost half of private renters 'just one paycheck away from losing home'

www.mirror.co.uk

The survey by the charity Shelter shows that 45% of private renters would only be able to afford their rent from savings for up to a month if they lost their job

13

NBA Hall Of Famer Dominique Wilkins Partners With Atlanta Company To Create Wealth For Renters

Dominique Wilkins recently joined Roots to help renters invest in properties they live in

Wednesday, Jun 26

23

22

Who’s happier, homeowners or renters? Data says it’s complicated

globalnews.ca

In data collected from January to June of 2021, survey respondents were asked to rate their satisfaction levels on a scale of 0 (lowest satisfaction) to 10 (highest satisfaction).

Tuesday, Jun 25

Don’t fall for this scam using vacant properties to target renters and homebuyers, expert warns

www.twincities.com

Imagine handing over thousands of dollars, signing a lease for a home and moving all your belongings in — only to find out that you were scammed.

Don’t fall for this scam using vacant properties to target renters and homebuyers, expert warns

www.ocregister.com

Imagine handing over thousands of dollars, signing a lease for a home and moving all your belongings in — only to find out that you were scammed.

19

New bylaw passed in Kitchener looks to provide protection for renters

globalnews.ca

The bylaw will see landlords required to provide compensation options to renters when they look to demolish or convert properties with six or more rental units.