Posts Tagged ‘Rent Increases’

Poor Jobs Report But Strong Housing

The US Labor Dept Jobs report of 38,000 new jobs in May was a set back to the Fed’s expected rate increase and a departure from the job creation pace four times higher than reported. GDP growth for Q1 has been downwardly revised by Freddie Mac to 1.1% from 1.8% a major slowdown. In their…

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Higher Rents Still Affordable

The headlines of double digit rent increases in California and Miami tend to “fly over” the rest of the US where rents are 4-5% higher in some markets in line with low inflation for fuel, food and other living expenses so are absorbed by Tenants without impacting the demand for home purchases. In fact, a…

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