Residential Rents in the US up by 3.3%

According to a recent article in Propertywire, median residential rental rates in the US continued to grow in January, even in areas which had previously been struggling. The article is based on Zillow’s latest real estate report and shows the rental index in Kansas City increased by 8.5% year-on-year which is more than twice the

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Banks Fail to Sell Distressed Homes, Get landlord Job Instead

Banks can rent out foreclosed homes as part of an orderly strategy to unload properties, provided the properties are safe and rented under local rules and regulations as well as federal fair housing law. Good luck with that.
Renters? Cover your assets.

Rents Rise on Back of Soaring Demand

Rents across the country are climbing steadily on upwards, as new data from the Labor Department reveals a 2.4% increase in January from the same month one year ago.

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