2.7MM Renters Faced Eviction Last Year, Redfin Estimates; Rising Housing Costs Precipitate Increases in Eviction Rates

Neighborhoods where people spent the largest portions of their income on rent saw the biggest year-over-year increases in families being evicted in 2014 SEATTLE--In 2015, an estimated 2.7 million Americans faced eviction, according to Redfin (www.redfin.com), the next-generation real estate brokerage. In order to attain this figure, Redfin analyzed more than six million eviction records […]