Is It Going To Be A Flat-Rent Summer? May Data Report Indicates “Yes”
For both apartments and single-family homes, asking rent hasn’t changed much since last month. Jonas Bordo of Dwellsy explains why he’s forecasting a flat-rent summer. Rents Flattened Out In May“After seeing rent increases between March and April, May’s numbers have largely flattened out,” says Bordo, coauthor along with Hannah Hildebolt of Everything You Need to Know About Renting But Didn’t Know to Ask: All the Insider Dirt to Help You Get the Best Deal and Avoid Disaster (Matt Holt, August 2023, ISBN: 978-1-6377439-2-8, $21.95). “It’s possible that despite adhering to established seasonal t...