Posted on May 1, 2015 - 07:10 AM
by Estefene Nestor
Rent Will Remain Too High for the Foreseeable Future
Source: The Atlantic
Homeownership rates, which peaked in 2004 at 69.2 percent and plunged in the wake of the housing bust, extended their decline in the first quarter of 2015, dropping to 63.7 percent, according to new U.S. Census Bureau data. New household formation has surged in recent months as more young people move out, but a lack of supply and very low rental vacancy rates have all led to strong rent increases. During the first quarter, median U.S. rents hit $799, up 4.5 percent from fourth quarter 2014. That's the biggest quarter-on-quarter jump since 2006
Kelly Gabbadon I can't thank you enough Nestor you made my dream possible in 1 short month when everyone said it would take some time to sell & although it was a lot of work selling my 1st home you walked me straight through & for that I am forever grateful..
766 Gatewood San Leandro California..Kelly Gabbadon
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you!Ms Doloris Lopez