Why Rents Are Rising
If you live in the Miami area and paid $1000/month in rent, what happens when you get a renewal letter at $1400/month or $1800/month. Or paying $2000/month and your renewal is nearly $3000/month. According to CoreLogic, a nationwide real estate data firm, single family rents are jumping nearly 40% in the Miami area in 2022, followed by more jumps in […]