Michael Lucarelli's profile photo

Michael Lucarelli

Los Angeles

Writer at Freelance

Contributor at Forbes

Featured in: Favicon forbes.com Favicon inman.com Favicon commercialobserver.com Favicon beamstart.com Favicon housingwire.com Favicon realtrends.com

Articles

  • Despite a surge in homes for sale, renting still remains the only real option for most

    2 days ago | housingwire.com | Michael Lucarelli

    The median home price in the U.S. stood at $416,900 in the first quarter of 2025. With median household income at about $80,600, a buyer would need a 30-year mortgage interest rate closer to 4 percent to keep housing expenses at or below the 30 percent of income affordability threshold. Today’s rates continue to hover around 7 percent, making monthly costs unsustainable for many. When property taxes and insurance are factored in, the gap widens even further.

  • Renting Beats Buying in These U.S. Markets

    4 weeks ago | commercialobserver.com | Michael Lucarelli

    Renting Beats Buying in These U.S. Markets Michael Lucarelli, CEO of RentSpree.

  • Luxury rentals gain ground as more high-end buyers opt to lease

    4 weeks ago | housingwire.com | Michael Lucarelli

    Industry data shows a marked uptick in demand for luxury rentals, especially in markets outside of traditional urban centers. Short-term stays in properties priced at $1,000 per night or more jumped 73 percent from 2019 to 2023, according to data by AirDNA. On the long-term rental side, platforms such as Zumper and Apartment List have seen consistent activity in luxury segments, despite broader cooling trends in the housing market.

  • Rental Activity Set to Heat Up This Summer Amid Affordability Crunch

    1 month ago | commercialobserver.com | Michael Lucarelli

    Rental Activity Set to Heat Up This Summer Amid Affordability Crunch, Slow Home Sales RentSpree CEO Michael Lucarelli and a sign for a leasing office.

  • Renting becomes the new buying: Summer 2025 rental season sees unprecedented competition

    2 months ago | housingwire.com | Michael Lucarelli

    Based on a recent analysis from RentSpree, tenant screening activity in the U.S. spikes 27 percent between May and July compared to other times of the year. But it’s not just about more renters — it’s about faster transactions. Between April and June, properties average less than 16 days from listing to first tenant application, the fastest pace all year. This year, these seasonal trends might even be more pronounced.

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Mike Lucarelli
Mike Lucarelli @mikeluc12
28 Mar 20

Mile 1- 8:49 Mile 2-9:37. I just finished running 2.00 miles in 18m:26s with #Endomondo #endorphins https://t.co/sp4ozbUtkS

Mike Lucarelli
Mike Lucarelli @mikeluc12
8 Mar 20

Mile 1-8:33 Mile 2-9:54. I just finished running 2.00 miles in 18m:27s with #Endomondo #endorphins https://t.co/G2KDbVI8Ki

Mike Lucarelli
Mike Lucarelli @mikeluc12
8 Mar 20

I just finished running 2.00 miles in 18m:51s with #Endomondo #endorphins https://t.co/jGCPkPvCvj