Metro Phoenix median rent price hits a record $1,915
Metro Phoenix rent price exceeded the national numbers, with a median rental price of $1,915, a 20.1% year-over-year increase.
Source: azbigmedia.com
Renter Advantage News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Renter Advantage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Renter Advantage Today - Breaking & Trending Today
Realtor.com® April Rental Report: National Rents Hit their 14th Straight Month of Record-Highs
/PRNewswire/ -- New data indicates that rental competition remained relentless in April, as the U.S. median rental price hit a new high ($1,827) for the 14th...
Source: prnewswire.com
Renter Confidence On The Rise, Despite Future Rent Increases
Renter confidence is on the rise, according to a new survey by Avail, part of Realtor.com. As we enter the third year of the pandemic, 82% of the renters said they have not missed a payment in over 12 months, which is up significantly from 57% in September 2021. Furthermore, 77% of renters said they don’t expect to miss a rent payment in the next three months — more than double the 38% who said this in the September survey. Avail surveyed 2,163 renters and 1,156 landlords in January 2022 to gather their thoughts on the state of the rental market.
Source: nationalmortgageprofessional.com