Housing Trends
January 9, 2023
Want to know how rent prices factor into the rising cost of living? What percent of apartments are owned by mom-and-pop landlords? How much does the average household spend on utilities?
In this section, we’ll explore the trends and statistics behind the housing market, offering key insights on the sector of the economy that hits us all where we live.
Flex is a financial technology company, not a bank. Flex lines of credit are offered through Blue Ridge Bank, N.A., Member FDIC or Lead Bank. An application and credit assessment are required for approval. Credit line amounts vary based on eligibility (graphics are illustrative only); to access a credit line, you are required to make timely payments each month. Secured lines of credit are provided by Lead Bank at 0-36% APR based on your credit worthiness. You are required to maintain a security deposit. Unsecured lines of credit are provided by Blue Ridge Bank or Lead Bank for a recurring monthly membership fee of $14.99 at 0% APR. A bill payment fee of 1% of your total rent is also charged when you pay your rent using Flex (additional card processing fee applies when using a credit card). Memberships automatically renew until canceled. Flex may report positive rent payment history and information about your line of credit to one or more national credit bureaus. Terms and conditions apply.
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Nationwide Multistate Licensing System (“NMLS”) ID 2256673
California DFPI Debt Collection License, License #10319-99
