Rents From Florida to California are Rising at Record Speed A recent report from Bloomberg is highlighting how rents across the nation are rising at record speeds. They point out that the number of occupied rental-apartment units rose by about 500k in Q2, the biggest annual increase in data going back to 1993 (according to
Home Values Keep Rising in Opportunity Zones According to ATTOM Data’s second-quarter 2021 Opportunity Zones report median single-family home prices increased from Q2 of 2020 to the second quarter of 2021 in 75% of Opportunity Zones and rose by at least 15% in about half of them. In addition they report that price patterns in
Total Household Debt Keeps Rising A new report from the NY Fed says total household debt rose by $ 313 billion (2.1%) to reaching $ 14.96 trillion in Q2, 2021. According to their latest Quarterly Report on Household Debt and Credit, mortgage balances was the largest component of household debt, rising by $ 282 billion.