The Source of Real Time Real Estate
The Source of Real Time Real Estate
By themlsblog
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It’s been a long time since the L.A. rental market slowed down its heretofore exponential growth. Fortunately for renters, September experienced its first monthly dip since November 2015. The average rental price now rests at $1,219–yep, one whole dollar less than August’s average. According to the Yardi Matrix Monthly report for September 2016, which measures 123 markets throughout the nation, rent prices grew 4.7 percent in September on an annual basis …
By themlsblog
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Sometimes, a studio just isn’t enough. But, depending on where you live, an upgrade may cost you. RentCafe crunched the numbers from apartment data firm Yardi Matrix to determine how much more a renter can expect to pay for that one-bedroom pad–and, from city to city, the results couldn’t have varied more. To upgrade from a studio apartment, the report shows renters in the U.S. can expect monthly costs to increase …
By themlsblog
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Apartment List just released July’s rent report for Los Angeles–and, unfortunately, it looks like we’ve got some bad news for apartment hunters. Even though nationwide rents fell slightly, Los Angeles rents decided to buck that particular trend and grow 3.3 percent year-over-year since June 2015, which experienced rent growth of 2.2 percent over the same period of time. Fortunately for renters, there was no growth over the past month. However, Los …
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The 2016 C.A.R. Survey has been released, and it featured a telling look at this year’s renters. For complete survey results, click here. …