WebRenters Need to Work 63 Hours to Pay Rent, Six Hours More Than Before the Pandemic. An average American needs to work about 63 hours to earn enough to pay the typical U.S. rent of $2,040. That is three more hours than they would have needed to work a year ago, and six hours more than in October 2024, before the pandemic. WebHouston's share of rental space available is among the highest in the country at 22.2 percent, according to data from CoStar, a commercial real estate information company. Only San Francisco has ...
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WebAug 2, 2024 · In fact, 72.5% of single-unit rental properties are owned by individuals, while 69.5% of properties with 25 or more units are owned by for-profit businesses. Most rental properties are owned by individuals, but only a small share of individuals own rental property, according to IRS income-tax data. In 2024, 6.7% of individual tax filers (about ... WebRedfin is a real estate brokerage, meaning we have direct access to data from local multiple listing services, as well as insight from our real estate agents across the country. That’s why we’re able to give you the earliest and most reliable data on the state of the housing market. reconditioning suede shoes
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