Found 3 blog entries tagged as renter nation.

Real Estate Realities: Generational Housing Challenges and Solutions

Are you still feeling stuck in your home? The Wall Street Journal recently addressed this issue, but it's more complex than it seems. We’ll look at the three diverse groups living the American dream in distinct ways. From the 'genuinely stuck' to the 'stuck in the American dream' and the 'unstuck group,' we unravel their unique challenges and share solutions. We also uncover the challenges affecting home sales, affordability, and ownership, revealing how they impact millennials and more. Whether you're a renter, someone stuck in the American dream, or part of the 'unstuck group,' our insights can help you navigate the housing market successfully in Huntsville, Alabama. 

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Inflation's Surprising Impact: Homeowners vs. Renters

Bank of America Study Insights on Inflation

New data from Bank of America shows that inflation is affecting renters more than homeowners. One of the key findings of a study from Bank of America is that renters are spending less on expenses outside of housing compared to homeowners. This doesn't come as a surprise, considering that rents continue to increase nationwide. This will obviously have a more significant impact on renters than on homeowners, who typically have a fixed-rate mortgage. One of the advantageous aspects of our country's housing market is the availability of 15-year and 30-year fixed-rate mortgages.

This allows homeowners to weather periods of high inflation without being…

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Is Huntsville Building Too Many Apartments?

Huntsville, Alabama, is building so many apartments that Scott Turner of AL.com is renaming the Rocket City to the ‘Apartment City’. The number of new apartment units has increased by 65% in the last year, yet the city has only grown by 5.8%.

Huntsville Needed More Apartments

Huntsville did need an apartment upgrade with all the new jobs coming to the area such as Mazda-Toyota, Blue Origin, and FBI, but did we really need this many apartments? Not only did we have a record year with new apartments and a 65% increase in units over the past year. We also have a lot more units coming available as well. We have 44 apartment complexes with 8,800 units under construction and another 34 apartment…

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