Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Apartment rents to rise 3% next year.
WASHINGTON – Dec. 16, 2013 – Higher rents are ahead next year for the nation’s apartment dwellers, but some cities will see smaller bumps than in recent years, market researchers say.
Rents will increase 3.1 percent nationally next year, about the same as this year, apartment market researcher Axiometrics says.
Researcher Reis sees rents rising an average of 3.3 percent in 2014.
Tight supply and rising demand are still the key drivers.
“The construction pipeline really closed during the recession. We’re still clawing our way back,” says Ryan Severino, Reis chief economist.
Cities that have seen some of the sharpest increases will see rents rise a little more slowly next year, says Jay Denton, Axiometrics vice president of research.
Since the end of 2009, rents have soared 43 percent in San Francisco, including an 8 percent jump this year, Denton’s data show. Next year, they’ll rise 5.1 percent given still strong demand and limited new supply.
Seattle, which posted a 6.5 percent increase this year, will rise 4.4 percent next year. Austin, which rose 5.2 percent this year, will see an increase of 3.7 percent.
Construction has been uneven across the country. Some major metros that have led the way in new ... more

__________________________________________________
Are you on The Rain? Grow Your Network!