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    Did You Know? Rent prices increased at their fastest rates in 10 months in February..

    💡 Did You Know? Rent prices increased at their fastest rates in 10 months in February, a sign that the break renters got last year from rising housing costs may be over. The US median monthly rent was $1,472/month in February, up 2.4% from $1,438/month a year ago. Rent increases in major centers ranged anywhere from 1% to as high as 7% (Orlando). The median U.S. home value, was $226,300 in February, up 7.2% from the previous year. (Marketwatch)
    (PS: If a $1,472/month rent increases 2.4% annually, a tenant will end up paying $781,576 over 30 years of renting😯….if you rent for 60 years and rent growth averages 0%, that number jumps to over $1 million….at 2.4% it’s over $2.3 million 😯)

    BeTrue Real Estate helps people buy & sell homes all over La Jolla, Carmel Valley, Del Mar and San Diego, area. We believe in being true to yourselves, your dreams, values & home. With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in California, New York (Smitha) and New Jersey, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from local buyers & sellers to relocation and international/foreign buyers, sellers and investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and glowing reviews. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.

    BeTrueRealEstate.com | BeTrueLaJolla.com | BeTrueSanDiego.com | BeTrueCarmelValley.com

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