Saturday, December 20, 2014

Warning Landlords are Quickly Raising Rents

Warning Landlords are Quickly Raising Rents
Apartment rent to outpace inflation next year: NAR: Landlords are quickly raising their rents as the national vacancy rate dips to the lowest level in two decades. Rents are rising at the fastest pace in six years, according to newly released data from the Bureau of Labor Statistics this week. The annual rent inflation reached 3.5percent in November, the highest growth since November 2008, and up from 3.3 percent in October, Read more.

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