Rising Real Estate Trend: ‘Accidental Landlords’ – Newser
A growing number of homeowners are turning into what Zillow calls “accidental landlords.” That is, after failing to sell their homes, these homeowners are turning them into rentals. A Zillow analysis finds that 2.3% of its rental listings were homes that had recently been up for sale—the highest share since late 2022, reports Axios. Generally speaking, houses are taking longer to sell these days, giving buyers leverage. As a result, some homeowners are opting for the rental route rather than cutting their asking price and taking a loss.
