Tagged : high rents

Found 2 blog entries tagged as "high rents".

sfgate.com - Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.

Reduced prices, record-low mortgage rates, higher rents and an improving job market appear to be emboldening many would-be buyers. Open houses are drawing crowds. A wave of foreclosures is leading investors to grab bargain-priced homes.

And many people seem to have concluded that prices won't drop much further. In some areas, prices have begun to tick up.

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Rising rents and a healthier job market are inspiring more people to consider buying.

Builders are responding to the demand by laying plans for more homes this year than at any other point in past 3 1/2 years.

And banks are helping both by approving more loans.

 

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