Ryan's Rental Report

“If things start happening, don’t worry, don’t stew, just go right along and you’ll starting happening too.” –Dr. Seuss Happy Friday peeps! I came across this article the other day and wanted to share with my network for anyone interested. If you are looking to become a landlord, or if you are tired of renting, let's chat about the opportunity to buy :)

Key points:

• San Francisco, is the priciest city in the nation and saw another month of steady rents. One bedrooms remained flat at $3,400 and two bedrooms increased a slight 0.5% to $4,400.

• San Jose, also had a fairly stable month in prices with one bedrooms holding steady at $2,460 and two bedrooms dropping 2.5% to $2,780.

• Los Angeles, dropped one spot and out of the top five markets last month. One bedroom rent fell 3.5% to $2,220, while two bedrooms stayed flat at $3,200.