Like many in the rental market, you are looking to rent your apartment at the best possible rate for maximum income. Did you know that rental rates fluctuate throughout the year, with certain times of the year offering great deals to attract tenants? Data compiled from five-year averages revealed that rents tend to decrease in October, November and December, while increasing …
Office Rent Increases in Most U.S. Cities
According to recent data, business tenant demand is increasing which is prompting office rental rates to increase over 70 percent nationwide. Research also shows that business rentals are up 15.3 percent while the demand for office space continues to increase. Many experts feel that this increase mirrors the growth in the labor markets. According to one economist, "If you look …
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It Is Getting More Expensive to be a Renter
According to a recent report from Zillow, rent prices in April were 4 percent higher than last year. This is the fastest increase in two years, even outpacing the 3 percent rise in home prices. Svenja Gudell, the Senior Director of Economic Research at Zillow, stated that, "We will continue to see rental increases, and affordability will worsen before it gets better." This …
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