With the average apartment renting for $4,883, the Westside neighborhood's 90024 ZIP Code ranks third on RENTCafe's list of the 50 priciest ZIP Codes in the nation. Only two areas, both in lower Manhattan, cost more on average.
One of the biggest takeaways is that from a national perspective, the largest investors account for a really small proportion of single-family home purchases and that share has decreased in recent years. So the ban is going to have less of a bite now than it would have had it been enacted a few years ago. It is attacking a trend that is already decreasing as opposed to one that is becoming increasingly part of the market.
Rising utility costs continue to be a pain for the average U.S. renter. Energy-efficient rental features that help lower these costs like LED lighting, good insulation, and smart thermostats are becoming a baseline for renters.
HousingWire's Rising Stars awards recognize standout professionals ages 40 and under who are driving innovation, leadership and meaningful change across mortgage, real estate and homebuilding. Many past honorees continue to shape the industry long after earning the Rising Stars distinction, taking on expanded roles, leading major initiatives and helping modernize the housing ecosystem. As nominations for the 2026 Rising Stars awards continue to roll in nominations are open through Feb. 28 we're highlighting voices from last year's honoree list
In December, Memphis saw its active listing count soar to 2,123, marking an impressive 20.7% increase compared to the same time last year. This was a significant rise above the national increase of 12.1%. While the number of newly listed homes in Memphis dipped to 446, a 9.3% decrease from the previous year, the overall swell in inventory signaled that homes were lingering on the market longer, creating a prime environment for buyers to explore their options.