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SANTA CLARA, Calif., May 18, 2021 /PRNewswire/ With tech companies beginning to announce their return to office plans, the rental markets in the nation s largest tech hubs began to turn around in April, while rental markets across the country took a big step toward returning to pre-pandemic norms, according to the realtor.com
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In April, the U.S. median rent averaged $1,483, up 2.7% year-over-year and the fastest growth since March 2020. Prior to the onset of COVID in March 2020, rents were growing 3.2% annually. Rents in the nation s largest tech cities, which saw prices fall dramatically in 2020 due to remote work, were down 5.4% from a year ago, an improvement from the 6.6% decline registered in February.
The best-paying cities for single parents
May 8, 2021 6:30 PM Self Financial, LatticePublishing.com
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Photo Credit: Alamy Stock Photo
For decades, single-parent households have been on the rise. According to data from the U.S. Census Bureau, nearly one out of every four families with children under 18 is headed by a single parent. Single-parent households face a unique set of challenges, and the COVID-19 pandemic has exacerbated many of these. Daycare closures and remote schooling are harder on single parents, and sole-earner households are more vulnerable to job losses. Nationally, Census Bureau data shows that single-parent household income is, on average, just 36% of dual-parent household income, but this ratio varies widely by location.
Government and Leisure & Hospitality industries post greatest job gains in April. Maintaining March s robust pace of job gain was going to be challenging at some point, but it was expected to be a few months away. We are seeing an earlier, more significant slowdown, said Jay Denton, chief analyst for ThinkWhy.
One year ago, the U.S. lost 20.7 million jobs in April 2020 alone, equivalent to 13.8% of total employment at that time. Combined with significant job loss in March 2020, the U.S. suddenly found itself with 22.4 million fewer jobs in the blink of an eye.
Fast forward a year, and the market had been on an upswing after 770,000 jobs were added in March, and unemployment insurance claims dropped during the month of April. Still, consumer confidence and GDP outlook continue to improve. Currently, the U.S. still has 8.2 million fewer jobs than before the pandemic. Given the BLS surveys during the first half of April, there is hope m
U.S. Cities With the Most (and Least) Expensive Homes
U.S. Cities With the Most (and Least) Expensive Homes
If you re looking for an affordable place to live, here are the cities to check out and those to avoid.
Editor s Note: This story originally appeared on Porch.
Housing affordability has been a major topic of concern for researchers and policymakers in recent years. Access to affordable, quality housing is associated with a variety of positive economic and social outcomes, which makes it an important tool to encourage families to thrive.
But historically, affordable housing has been out of reach for many. Low-income populations and racial and ethnic minorities are often excluded from the wealth-building benefits of homeownership. People who rent are far more likely to be cost-burdened by housing, according to U.S. Census Bureau data. And whenever income grows slowly as it has recently for certain groups housing affordability becomes even more of a challenge.
Photo Credit: Alamy Stock Photo
Housing affordability has been a major topic of concern for researchers and policymakers in recent years. Access to affordable, quality housing is associated with a variety of positive economic and social outcomes, which makes it an important tool to encourage families to thrive.
But historically, affordable housing has been out of reach for many. Low income populations and racial and ethnic minorities are often excluded from the wealth-building benefits of homeownership. People who rent are far more likely to be cost burdened by housing, according to Census Bureau data. And whenever income grows slowlyâas it has recently for certain groupsâhousing affordability becomes even more of a challenge.