Renting In Highland Beach, Florida? Take Notice, Rent Prices Are Going Up

For those who are thinking of renting a nice apartment in Highland Beach, Florida or most any other area, get ready to pay more.  Marketwatch.com reported today that landlords are expected to raise rents by about 8.0% this year. Click link for article: Landlords will hike rents by 8% this year

The article quotes a survey by Rent.com that says 88% of property managers raised their rents in the last 12 months.  In addition, 68% of property managers surveyed predicted rental rates will continue to rise.

According to data from the US Census Bureau, rental housing vacancies were the lowest it has been in almost 20 years.  As a result of the low inventory levels, 55% of property managers surveyed said they are less likely to offer concessions or lower rents in order to fill vacancies.





I work with both landlords and renters in the Palm Beach and Broward County areas and beyond. If you have been renting and want to purchase a home, contact me.  Also, if you have been renting your home and want to sell, contact me now.

I take an analytical approach to buying, selling and leasing real estate.  If you are thinking of selling or buying a home in Boca Chase, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman

Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com

The greatest compliment you can give is the referral of your friends and loved ones

Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty