Posts tagged Single-Family Home
Slowing Rent Increases Could Bring More Landlords to List Single-Family Homes for Sale

After a few years of staggering rent increases, single-family home rental prices in Seattle are leveling off, which Seattle Times predicts could bring more and more landlords to decide to list their homes for sale and benefit potential homebuyers (and renters). As the article outlines, approximately 1 in 6 single-family homes in the greater Seattle region is currently rented, and the last couple of years have seen dramatic decreases in what was once a burgeoning market for landlords. While “rents in local single-family homes rose a paltry 0.4 percent in February from a year ago,” landlords saw 4% increases last year, and “just two years ago, rents were soaring as much as 9 percent annually.”

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