【Zillow】Number of ‘Accidental Landlords’ Rises to Three-Year High

• 2.3% of homes listed for rent on Zillow were previously listed for sale, according to a new Zillow analysis. Only once in Zillow’s nearly six-year record has the share of “accidental landlords” been higher nationwide — in November 2022. 
• Texas and Florida markets, along with Denver, Portland and Nashville, have the largest share of these accidental-landlord properties. 
• Would-be sellers resorting to renting instead of accepting a serious price cut indicates these homeowners don’t need to liquidate distressed properties.

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