Realty Executives Arizona Territory

Krista Brayer

Krista Brayer

SFR,

Realty Executives Arizona Territory

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Why Are Rents Still Continuing to Rise?

(Published on - 1/25/2021 7:42:24 PM)

According to RealWealth's most recent article by Kate Christianson, there are 7 reasons why rents continue to rise in the United States.

 

 

                     

Reason #1: Low Housing Inventory = Demand for Rental Properties

Reason #2- Median Home Values Went Up (Slightly)

Reason #3: Down Payments Aren’t Getting Any Cheaper Even with Mortgage Rate Drops

Reason #4- Occupancy Rates Remain High

Reason #5: Growing Demand from Millennials & Baby Boomers

Reason#6: Renting Offers More Flexibility

Reason #7: Renters Avoid Property Maintenance and RepairsWill Rents Continue To Rise

 

Full Article can be read at:  https://www.realwealthnetwork.com/learn/why-are-rents-rising-so-fast/

 

Thank you Steve VanBuken,  

Steve Van De Beuken stevenv@altitudehomeloans

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