{"id":77746,"date":"2024-04-10T05:00:36","date_gmt":"2024-04-10T12:00:36","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=77746"},"modified":"2024-10-03T15:53:03","modified_gmt":"2024-10-03T22:53:03","slug":"redfin-rental-report-march-2024","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/","title":{"rendered":"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest"},"content":{"rendered":"

The median U.S. asking rent rose 1% from a year earlier. By comparison, rents jumped 5% in the Midwest\u2014in part because the region hasn\u2019t seen as big of a construction boom as other parts of the country.<\/i><\/strong><\/h3>\n

The median U.S. asking rent rose 0.8% year over year to $1,987 in March, marking the third consecutive increase following three months of decreases. Asking rents were little changed from February (+0.3%).<\/span><\/p>\n

\"\"<\/p>\n

Rising rents in the Midwest and Northeast helped drive the national uptick in rents, which we will discuss further in the next section.<\/span><\/p>\n

Elevated mortgage rates also likely contributed. The average 30-year-fixed mortgage rate is <\/span>6.82%<\/span><\/a>, below the 23-year high of almost 8% in October, but still more than double the all-time low of 2.65% during the pandemic. Many people are delaying home purchasing plans because monthly payments for homebuyers are <\/span>near<\/span><\/a> their record high. That\u2019s bolstering rental demand, and as a result, rent prices.\u00a0<\/span><\/p>\n

Housing costs are so high that many Americans can’t afford to buy homes, but rents are also elevated, putting a lot of people searching for housing between a rock and a hard place. <\/span>The median asking rent in March was just 3.3% ($67) below the record high of $2,054 in August 2022.<\/span><\/p>\n

The good news for renters is that prices aren\u2019t growing nearly as fast as they were during the pandemic, and are more predictable. Rents soared by as much as 17.7% year over year in 2022 due to the pandemic moving frenzy and then quickly cooled in 2023, falling by as much as 2.1% as an influx of apartment supply drove up <\/span>vacancies<\/span><\/a>. Year-over-year rent growth has stayed below 3% since the start of 2023. The number of apartments under construction remains near a <\/span>record<\/span><\/a> high, meaning there\u2019s still a lot of supply in the pipeline, which will likely prevent rents from increasing dramatically in the near future.<\/span><\/p>\n

\u201cDuring the pandemic, you saw property owners charging $2,800 a month in rent for a house that a year earlier cost $2,000,\u201d\u00a0 said <\/span>Heather Mahmood-Corley<\/span><\/a>, a Redfin real estate agent in <\/span>Phoenix<\/span><\/a>. \u201cBut the economy has changed and many people are trying to curb their spending, which means it\u2019s harder for property owners to get renters to agree to big rent hikes.\u201d<\/span><\/p>\n

Midwest Sees Asking Rents Rise 5% to Record High<\/h3>\n

The median asking rent in the Midwest hit a record $1,456 in March, up 5.3% from a year earlier\u2014a larger gain than any other region. The second biggest increase was in the Northeast, where asking rents climbed 3.8% to $2,504. Rents were roughly flat in the South (+0.3% to $1,656), and fell slightly in the West (-0.7% to $2,365).<\/span><\/p>\n

\"\"<\/p>\n

Rents are likely holding up best in the Midwest and Northeast because those regions haven\u2019t been <\/span>building<\/span><\/a> as much housing as the South and West, meaning landlords aren\u2019t under as much pressure to fill vacancies. Fewer vacancies means more competition between renters, which makes it easier for property owners to raise rents.\u00a0<\/span><\/p>\n

The Midwest is also the most affordable region to live in, which helps keep demand afloat at a time when housing affordability is so strained. It has a <\/span>lower<\/span><\/a>-than-<\/span>average<\/span><\/a> unemployment rate and has recently attracted major tech <\/span>companies<\/span><\/a>.<\/span><\/p>\n

Methodology<\/span><\/h3>\n

Asking price data includes single-family homes, multi-family units, condos\/co-ops and townhouses from <\/span>Rent.com<\/span><\/a> and <\/span>Redfin.com<\/span><\/a>.<\/span><\/p>\n

Redfin has removed metro-level data from monthly rental reports for the time being as it works to expand its rental analysis.<\/span><\/p>\n

Prices reflect the current costs of new leases during each time period. In other words, the amount shown as the median rent is not the median of what all renters are paying, but the median asking price of apartments that were available for new renters during the report month.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The median U.S. asking rent rose 1% from a year earlier. By comparison, rents jumped 5% in the Midwest\u2014in part because the region hasn\u2019t seen as big of a construction boom as other parts of the country. The median U.S. asking rent rose 0.8% year over year to $1,987 in March, marking the third consecutive […]<\/p>\n","protected":false},"author":13346,"featured_media":77750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8,694,563],"tags":[623,562,645,648,88],"coauthors":[125],"class_list":["post-77746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-monthly-rental-tracker","category-rental-market","tag-national","tag-rental-report","tag-rentals-only","tag-rentals-report","tag-renting"],"acf":[],"yoast_head":"\nAsking Rents Rise for the Third-Straight Month, Driven By Midwest<\/title>\n<meta name=\"description\" content=\"The median U.S. asking rent rose 1% from a year earlier in March. By comparison, rents jumped 5% in the Midwest.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest\" \/>\n<meta property=\"og:description\" content=\"The median U.S. asking rent rose 1% from a year earlier in March. By comparison, rents jumped 5% in the Midwest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-10T12:00:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T22:53:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/chicago-river-4633979_640.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lily Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest\",\"datePublished\":\"2024-04-10T12:00:36+00:00\",\"dateModified\":\"2024-10-03T22:53:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/\"},\"wordCount\":624,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/chicago-river-4633979_640.jpg\",\"keywords\":[\"national\",\"Rental Report\",\"rentals only\",\"rentals report\",\"renting\"],\"articleSection\":[\"Housing Market News\",\"Monthly Rental Tracker\",\"Rental Market\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/\",\"name\":\"Asking Rents Rise for the Third-Straight Month, Driven By Midwest\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/chicago-river-4633979_640.jpg\",\"datePublished\":\"2024-04-10T12:00:36+00:00\",\"dateModified\":\"2024-10-03T22:53:03+00:00\",\"description\":\"The median U.S. asking rent rose 1% from a year earlier in March. By comparison, rents jumped 5% in the Midwest.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/chicago-river-4633979_640.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/chicago-river-4633979_640.jpg\",\"width\":640,\"height\":427},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/redfin-rental-report-march-2024\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lily-katzredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Asking Rents Rise for the Third-Straight Month, Driven By Midwest","description":"The median U.S. asking rent rose 1% from a year earlier in March. By comparison, rents jumped 5% in the Midwest.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/","og_locale":"en_US","og_type":"article","og_title":"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest","og_description":"The median U.S. asking rent rose 1% from a year earlier in March. By comparison, rents jumped 5% in the Midwest.","og_url":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2024-04-10T12:00:36+00:00","article_modified_time":"2024-10-03T22:53:03+00:00","og_image":[{"width":640,"height":427,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/chicago-river-4633979_640.jpg","type":"image\/jpeg"}],"author":"Lily Katz","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest","datePublished":"2024-04-10T12:00:36+00:00","dateModified":"2024-10-03T22:53:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/"},"wordCount":624,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/chicago-river-4633979_640.jpg","keywords":["national","Rental Report","rentals only","rentals report","renting"],"articleSection":["Housing Market News","Monthly Rental Tracker","Rental Market"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/","url":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/","name":"Asking Rents Rise for the Third-Straight Month, Driven By Midwest","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/chicago-river-4633979_640.jpg","datePublished":"2024-04-10T12:00:36+00:00","dateModified":"2024-10-03T22:53:03+00:00","description":"The median U.S. asking rent rose 1% from a year earlier in March. By comparison, rents jumped 5% in the Midwest.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/chicago-river-4633979_640.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/chicago-river-4633979_640.jpg","width":640,"height":427},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/redfin-rental-report-march-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Rental Market Tracker: Asking Rents Rose for the Third-Straight Month in March, Driven By the Midwest"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/77746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=77746"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/77746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/77750"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=77746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=77746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=77746"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=77746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}