10 U.S. Cities With The Steepest Rent Increases (2010)

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Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

 

Rent is risingHome sales data is easing so far in this calendar year. Home resales and new construction have dropped to multi-month lows and, in many cities, home supplies are rising. One housing sector that's not slowing, however, is rentals.

The rental market is booming.

As reported by the Wall Street Journal, the average apartment vacancy rate is 6.6% nationwide, down from 8.0% last year. In addition, the number of...

 

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10 U.S. Cities With The Steepest Rent Increases (2010)

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Rainmaker
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Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
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Apt vacancy rates are a mis-nomer * these often include units down for refurbishing or rennovations.  Single Family Home rental rates in our area are EXTREMELY low because of HIGH DEMAND from UVA Graduate schools and Med School families

Mar 23, 2011 11:56 PM #1
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

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