The subject of today's snapshot is Portland, ME. Based on our analysis, Portland's year-over-year average rents have increased for 1BR and 3BR rentals by 3% and 8% but slightly decreased in rent for 2BR units by 1%.
Let's look at rent in Seattle and Tacoma head to head. We'll check out current rent rates and ROI for investors in Seattle and Tacoma.
The subject of today’s snapshot is the city of Memphis, TN. Based upon our analysis, the year-over-year average rents in Memphis are recovering from last year and on a path of growth as the trend seems to be increasing.
The subject of today’s snapshot is the Italian Village of Columbus, OH. Based upon our analysis, the year-over-year average rents in the Italian Village are a little less than last year.
Looking at rental rates from the Q1 market update, indications signal ongoing recovery this year as housing sales and prices continue to increase.