Page 25 - Rob Warnock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Compared to rent across the country, Denver remains solidly in the middle of the pack — more expensive than other Colorado cities, including Fort Collins and Colorado Springs, and other major metro areas such as Phoenix and Charlotte, but considerably below California-based rent leaders and more. See the juxtapositions here. Despite plunging prices in Denver, many Mile High renters have chosen to head to the suburbs during the pandemic. In our November 2020 post on the subject, Rob Warnock, author of Apartment List's "The Suburban Rent Rebound," listed a series of contributing factors, inc...

We may have finally hit the bottom.

More millennials became homeowners in 2020 than any other generation. At the same time, more millennials now believe they'll never own a home.

UpdatedFri, Feb 19, 2021 at 10:01 am CT Replies(33) Chicago is among the cities to see the steepest decline in rent prices across the U.S. In the past year, the cost of rent has decreased by 12.5 percent in the city. (Shutterstock) CHICAGO AREA, IL — While rent is on the rise in smaller, more-affordable U.S. cities, many of the country's largest metropolitan areas and coastal cities saw prices fall rapidly throughout most of 2020, illustrating how the COVID-19 pandemic had a starkly different effect on regional housing markets over the course of the year. Chicago is among the cities to see...

The share of millennials that expect to rent forever has nearly doubled in two years, to nearly one-fifth, according to an annual report from Apartment List. The rental listing site’s 2021 Millennial Homeownership Report found that, in 2020, 18.2 percent of millennials who don’t currently own homes expected to always rent, up from 12.3 percent in 2019 and 10.7 percent in 2018. Millennials are the largest generation and the report pegged their age range as 24 to 39. The report combined data from the U.S. Census Bureau’s Current Population Survey and Apartment List’s annual renter surve...