Zillow: Accidental Landlords on the Rise
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Zillow reports a surge in accidental landlords, with homeowners renting out unsold properties due to a buyer-friendly housing market. This trend, driven by longer selling times and higher mortgage rates, is most prevalent in Texas and Florida, with Denver and Houston leading the way. The phenomenon is expected to continue, particularly in the Northeast where its less common.
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