The next phase of America’s competitive housing market: Renters facing bidding wars

Econ & Housing

Renters diving into a white-hot housing market are over-bidding on available apartments, marking the death knell of pandemic-era deals and months of free rent — all while potentially imperiling tenants who can’t afford to compete. A realtor in Philadelphia, for example, told the Philadelphia Inquirer she “broke down and cried with my client” after losing a…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Widman’s Market Update, September 27, 2023
Lumber Futures – October 2, 2023
Governments can cut buildings’ embodied carbon with new policies, reports say
Yield surge helps Fed on inflation but puts housing, lending at risk
Stock futures inch higher as S&P 500 and Nasdaq face worst month in 2023: Live updates