Rental Property News

Posted By Wally Reule @ Jul 11th 2016 1:30pm In: Miscellaneous

I have commented in the past on the shortage of rental available rental properties in the Verde Valley, and the resulting increase in their value. In my reading on the subject, I came across an article in CNN about how apartments nationally are getting smaller, while prices are increasing. Sounds like what happened to my favorite candy bars. Anyway, the article states that in the past ten years the average apartment size has decreased from 1015 to 934 square feet. And in just the past five years, average rents have gone from $977 to $1296 per month. Wow! To read the whole article click on this CNN Article.

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