Posts from January 13th, 2011

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January
13

Rental Prices Jump 11.6 Percent in 2010

January 13th, 2011 by Ruhl Marketing Team

You would think that with the housing crisis in full swing that there would be so many homes available to rent that rental prices would go down. Seeing the recent numbers from HotPads you would be wrong. The average rental price in 2010 increased by 11.6% during the year. That is a huge jump on many levels:

For families on a fixed income, that extra rent keeps people from spending their money on other things.
New couples that are saving to buy are seeing higher rents that push them that much further from their goal.
Meanwhile, there are the families that have lost their homes in foreclosure who are in the rental pool that now are paying the increased rent and squeezing their household budgets that much more.

Click Here to Read More...

Categories: Buying a Home

Posts from January 13th, 2011

Rental Prices Jump 11.6 Percent in 2010

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Posts from January 13th, 2011

Rental Prices Jump 11.6 Percent in 2010

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