US home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that renters are facing more financial pressure.
Prices rose 3.3% in December compared with 1 year ago, according to real estate data from Zillow.
Although the rise is less than recent appreciation in home values, the surge in rental rates in several of the hottest markets indicates renters who aspire to buy homes face mounting financial challenges.
I was honored to be invited as a guest on the FlipNerd Real Estate Investing podcast show with host Mike Hambright. (You can listen to the episode below.)
A recently released
I recently finished recording a podcast as the featured guest on “Best Real Estate Investing Advice Ever” hosted by Joe Fairless. This is consistently one of the top rated investing podcasts on iTunes and I encourage you to check it out. The podcast featuring my interview (#111) was released on iTunes on December 21, 2014. (You can listen to the episode below.)