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April 2025

Rent Has Gone Down in These 6 Metro Areas — But Are They More Affordable?

A report from Realtor.com indicates that median asking rent prices in the largest U.S. metropolitan areas fell by 0.2% annually in January, while RentCafe noted a slight increase in available apartments. Despite this, demand remains high, with seven tenants competing for each vacancy, leading to affordability issues. Many areas still see renters spending over 30% of their income on housing due to a...

Experts Give Their Five-Year California Real Estate Forecast

California's real estate market is anticipated to encounter both challenges and opportunities in the coming years. Home prices have risen, with the median price hitting $838,850 in January 2025. Climate-related costs, especially for insurance, are expected to affect affordability. Despite increased inventory, competition remains intense in desirable areas. Strict zoning laws and high construction...

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