Phoenix Metro Realty Blog

Phoenix Metropolitan Real Estates Service and Residential Property Management

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Rental Rates Rise as Demand Increases

April 23rd, 2008 · No Comments · Property Management

It’s become more difficult to find affordable rentals as rental rates rise due to high demand.
According to the U.S. Census Bureau, the median rate for rentals has jumped 14 percent.  Rental rates have increased from $591 a month in 2003 to $673 in 2007.  Average rent is expected to rise 5.2 percent in 2008 compared […]

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