Rising rents have been a problem in the US for quite some time. According to a recent Market Outlook Report from Realtor.com, in 2017 rents rose in a whopping 78% of markets across the US. And according to recent data, that trend is still going strong in 2018.
According to a recent article from Apartment List, 72 of the 100 largest cities in the US have seen rents increase over the last 12 months, with this past summer showing significant hikes around the country (rental prices increased month-over-month in 85 cities in June, 62 cities in July, and 54 cities in August).
As the price of renting continues to increase, homeownership is fast becoming the more affordable option. In fact, according to a recent study by Zillow, homeownership is more affordable than renting in many of the major markets across the United States. If you’re currently renting—and watching your rental prices consistently increase—it may be time to explore purchasing a home of your own. Click here for the lowest priced homes and condos for sale in Cape Coral FL
Call Lilo at 239-699-0142. Please visit my website often www.Lilorealtor.com
Get new listing alerts delivered to your inbox.Cape Coral, FL Homes for Sale 100K - 200K492 Results#219040570 | Condo#218041138 | Condo#219027098 | CondoThe data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than RE/MAX Realty Team are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2019 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.Southwest Florida data last updated at June 17, 2019 11:31 AM ET