If you have been in the rental or housing market lately you have certainly seen a rise in prices.
COMPLETELY GONE 20-33.TYPICAL RENT PRICES ARE UPSINCE LAST YEAR, ACCORDING TOZILLOW.AND THAT’S MOSTLY BECAUSEOF DEMAND.PEOPLE WHO WANTED A HOUSEAND CAN’T AFFORD IT NOW, AREDECIDING TO RENT INSTEAD.BIDDING WARS AREHAPPENING IN SOME PLACES, WITHPEOPLE OFFERING ABOVE THE LISTEDRENT PRICE.THNAE TIONAL APARTMENTASSOCIATION SAYS THIS IS MOSTLYHAPPENING FOR SINGLE-FAMILYRENTAL PROPERTIES."There was a family that came inand said we want to be in theschool district, we tried to buya home we couldn’t do it, and wewant this and we’re going to payyou X amount more per month,stju because we want to behere."BIDNGDI WARS AREN’T AMAJOR FACTOR DRIVING PRICES UP,AND IT’S A TREND THAT LIKELYWON’T STICK AROD UNLONG
Gas prices in the valley remain high but also slightly down from last week.