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UP , very little vacancy right now !
Michael J. Perry
UP, UP and AWAY!!!
Pretty much level, greedy Landlords are not renting while the rest go quick.
Stable to rising.
Rents are trending up in the downtown area but new inventory may start creating a downward pressure on older buildings as concessions grow to fill inventory!
They are increasing
With a shortage of rentals here, they are going up
there's a shortage of rentals, just as there's a shortage of listings in our area.... rents are increasing...
Nathan - Depends on who you ask, but most would say that rents are continuing to increase in the Phoenix Metro, East Valley, AZ.
Denver has slowed a bit but still pretty high.
Going up, lots of new apartments being built so they do have one or two month "free" rent which I guess you could also calculate as a lower monthly payment.
Rents are still going up in our area.
Harry F. D'Elia nailed this one!
Up. Thousands of apartments are under construction.
rent rates up in Phoenix
They have been stable for a long time.
Nathan Gesner - there was an article in Boston Globe about rent going down in Boston area - though not in suburbs.
Our community is very much in demand due to great schools, safety and a strong annual events calendar. Rents are rising and there is a shortage. Home prices are in the same situation.
Up as everywhere. But it is not that bad to worry about.
Nathan Gesner - Charlotte's rental rates are almost stabalized. We had a fairly significant increase over the past 4 years but, this past year, we're back to single digit increases and it's been fairly stagnant over the past two quarters. Good for those who are long-term tenants (can't or won't buy for years) but, not for those of us with investment properties! ;-)
Up. Plus the criteria is tough for some of the clients searching.
As homes for sale inventory is shrinking, rental rates are increasing but not greatly yet.
Increasing, although a ton of multifamily construction is going on.
Up. Way up.
Stable but high
In my market rents are on the rise.
Nathan Gesner Rents slowly increasing in my area.
I hear rents are going up. I don't do many rentals so it's not a segment I keep track of via market reports.
Going up in Salt Lake City, Utah
They are very high and I can't say whether they have stablized or are continuing to rise.
We are situated right next to Seattle and it is experiencing unprecedented rate hike on rentals. We are seeing no rental vacancies but our rates are considerably lower than Seattle...
Whoohoo - going up up up and away !!!
I'm going to some day do a post on this & it seems that in the Chicago metro area it's 25 to 30% increase. It coincides with it's a great time to buy.
Stable from what I am seeing
Rent rates here are going up but not by much.
Down here Nathan Gesner but that is understandable as we had a oil boom then a bust and we were very over built.
Up as allowed by the law.
Here in Colorado they are definitely increasing. We have a severe shortgage of inventory and far more buyers than sellers. Fewer transactions equals much more competition:)
Rates inched up in the past several months and are holding steady now.
It's still going up in my area.
Honestly I don't pay that much attention to rental rates, though my personal investments stayed the same over the course of the years we had them rented. I refer my investor clients to property managers. I have a general idea and it seems like they are staying much they same with maybe a bit of an increase. Vacancy is extremely low but we also have TONS of new development and apartment complexes being built - I can't figure out how they are all being filled actually. -Kasey
up, up, up...
Up, makes more sense to own in San Diego.
up, Up, UP!
Warrren Buffet owns a large percentage of the rental SFH and he is treating it as a real business to keep rent increasing to feed his real estate empire.
Homeservices of America INC is ranked as the #2 brokerage in the USA and includes all of the BH affiliates.
So far they continue to go up, Nathan. Just posted articles on my social media about how quickly rent is becoming unaffordable in the Charlotte metro area, which I see a lot of people reposting.
Down. SFBA rents dropped about 5-10%.
According to SF Chronical in 2018 the rents will go down another 5% from 2017.