Average apartment rents in the United States rose 1 percent in the first quarter of 2008.
According to Reis, Inc. a real estate research firm, rates have risen 24 quarters in a row. Rates haven’t fallen since the first quarter of 2002, according to Reis, when they decreased by 2%.
The “dominant driver” pushing people to rentals [...]
Entries from June 2008
Rents Continue to Rise
April 7th, 2008 · No Comments · Property Management
Tags: Rental Rates
Tax Credit, Loan Hikes in Senate Plan
April 3rd, 2008 · No Comments · Foreclosure
The Senate late Wednesday night announced that it had reached a bipartisan compromise on a plan to aid families facing foreclosure.The lawmakers have been at a stalemate, unable to reach agreement on key provisions that have already been approved by the House. The Senate didn’t approve a provision that would allow bankruptcy judges to reduce [...]
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