Rents Are Up, and Not Where You Might Expect

Not only is it a good real estate market for sellers, it is a good rental market if you are a landlord. The article below is to a blog post on Zillow, and it shows that San Jose, CA. has the 2nd highest year over year rent increase at 13.4%! Yikes!

This is why I always tell people that are renting that it almost always makes more sense to buy that rent, especially in this valley with its astronomical rents. I often ask why they should make their greedy landlord rich instead of themselves with the appreciation and tax benefits of owning.

Rents Are Up, and Not Where You Might Expect