Rents Have Increased at Highest Pace in Nearly 30 Years

By
Mortgage and Lending with EstaR Mortgage NMLS #241125

 

 

According to the Harvard Center for Joint Housing Studies, rent increases, particularly among primary residences are continuing to outpace inflation.  This means that renters are seeing their costs increase, and it could make homeownership even more attractive over the coming year. Part of the rise in rents is due to the fact that rental vacancies are at their lowest levels of the past 20 years. 

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If you or anyone you know is being squeezed by rental increases, it may make sense to do a buy vs. rent analysis for your situation. 

 

 

 

 

 

Please contact me for further details.

 

Broker
NMLS Number: 241125
(510) 463-1003
2413 Webb Avenue, Suite E, 
Alameda, California 94501 
Corporate NMLS Number: 1547521

Comments (2)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes and will continue until the housing shortage is under control

Apr 23, 2018 11:05 AM
Chris Freck
EstaR Mortgage - Alameda, CA
EstaR Mortgage, A Bilingual Brokerage

MyLender@EstaRmortgage.com or CALL 510-463-1003 for more immediate assistance.

Apr 24, 2018 09:28 AM