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Apartment rents rising across the country

Posted on June 17th, 2011 No Comments

All over the country, apartment renters are seeing a rise in their rent, which has many searching for a new place to live.

According to some reports, the increase in rents have to do with the failing housing market. As homeowners are selling their homes and looking for cheap apartments to rent, landlords are able to raise rents due to an increase in demand.

As a researcher at Harvard’s Joint Center for Housing Studies stated, “Last year the rental market quietly shifted from a tenants’ market to what is now decidedly a landlord’s market.” Because of this shift in the market, many apartment owners will be seeing their rent rise five percent this year and another five percent in the upcoming year.

If you or someone you love needs help moving out of an apartment or home, please contact the Arlington move-out professionals of WOW Total Cleaning at 817-239-9441.

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