Rentals

rentalsThe competition for rental homes is heating up as more Americans choose to rent instead of buy. And that increase in demand is driving up rents in some markets.

Consider these eye-opening statistics: One in four renters spends more than half their income on rent and utilities, according to a recent report by Harvard’s Joint Center for Housing Studies. And another quarter of renters spend between 30% and 50% of their income on rent and utilities.

A good credit score makes a big difference because Landlords want tenants with good credit. With many people dealing with job losses and late bill payments, those who have good credit really shine. For more information, contact Rainny at rainny.1@verizon.net