The TRUTH Behind Biden Administration Mortgage Changes | Hot Sheet 04/20/23
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The Oversupply of Multifamily Starts
Rents declined by 11 percent in Austin the 9.2 percent We just talked about in Chicago, New Orleans is down 3% Birmingham 2.9 percent Cincinnati 2.9 Sacramento is down Las Vegas Atlanta Phoenix Baltimore Minneapolis Houston 1.5 percent. Raleigh has a 16.6 percent year over year rent increase Cleveland's at 15.3 percent Charlotte and Indianapolis both over double digits Tennessee almost at 10%. Nashville was one of those markets Tennessee was up on their home prices, but Nashville was down But here on the rental side up almost 10%). Kansas City at 8 Riverside California 7.2 Denver and St. Louis round out the top 10 for metros with the largest annual rent increases I Talk
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