Cape Coral Real Estate Agent shares some Home Buying Tips on Staggering Rents

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For more clarity, we want to share some points that were made in a Wall Street Journal article earlier this month.

 

The article made two important points:

 

1. Rents are increasing faster than the last several years:

 “Apartment rents increased faster last year than at any time since 2007.”

 2. Rent increases are accelerating

“Another report from Axiometrics Inc., a Dallas-based apartment research company, showed that rents increased 4.7% in the fourth quarter compared with the same quarter a year earlier, the strongest year-end performance since 2005”. 

Here is a graph to illustrate the rate of increase over the last several years:

For more home buying and Selling Tips visit my blog at Cape Coral Real Estate Blog.

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Andrea Palmer
Jones & Co Realty
239-333-5556
palmerae@Comcast.net
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