Homeowners are bypassing sales to rent out their properties, effectively becoming accidental landlords. Metros like Dallas, Austin, and Miami are experiencing softened rents due to a massive influx of new multifamily housing supply. Rising non-mortgage costs are making it increasingly difficult for landlords to remain profitable as rent growth flattens.  

Links:

https://www.cotality.com/insights/articles/non-qualified-mortgages-increasing

https://www.cotality.com/insights/