area

The price gap between renting and buying Bay Area homes reaches new high

What’s more, that gap, called the price-to-rent ratio, is higher in the San Francisco and San Jose metropolitan areas than anywhere else in the nation, according to Moody’s Analytics. The last time the ratio reached nearly this high was right before the housing bubble of the early 2000s burst, presaging the Great Recession. Does this …

The price gap between renting and buying Bay Area homes reaches new high Read More »

Rent prices are soaring in these 5 U.S. metros. Here’s what to know before moving to a cheaper area

Los Angeles Ron_Thomas | Getty Images As rising interest rates and surging property values prevent more families from buying a home, the demand for rentals has soared, with the highest rent prices in the sunniest states.   Rent prices for single family homes swelled during the first half of 2022, hitting a national average of $2,495 …

Rent prices are soaring in these 5 U.S. metros. Here’s what to know before moving to a cheaper area Read More »