National Missed Housing Payments Reach 33% in Early August

In the highest non-payment for housing since April, The Rental Housing Journal reports that data from Apartment List indicates a full one-third of renters missed payments and failed to make full payments on time. According to the report, late and unpaid housing bills are accumulating, putting a strain on families. Over 20% of renters and homeowners owe more than $1,000. Read more. 

As reported here on July 20th renters in roughly 100,000 apartment units surveyed in Oregon had been holding fairly steady in rent payments through July, with between 13-15% of householders behind on rent. Watch this space for August survey numbers from Multifamily NW when they are available next week.