[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3vhwtpjzwi5hn":3,"$ffeh0925h8cuz":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},471,"when-is-it-a-good-time-to-rent-not-now","When Is It A Good Time To Rent? NOT Now!","People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.\r\n\r\n","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002F01161815\u002FGood-Time-To-Rent.jpg","People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.\r\n\r\n\u003C!--more-->\r\n\r\nThe \u003Cem>Census Bureau\u003C\u002Fem> recently released their third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FMedian-Asking-Rents.jpg\" rel=\"attachment wp-att-32596\">\u003Cimg class=\"alignnone wp-image-32596\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FMedian-Asking-Rents.jpg\" alt=\"Median Asking Rents | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nA recent \u003Cem>Wall Street Journal\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fwww.wsj.com\u002Farticles\u002Fu-s-apartment-rents-rose-the-most-last-year-since-recession-survey-says-1452054600\">article\u003C\u002Fa> reports that rents rose “\u003Cem>faster last year than at any time since 2007, a boon for landlords but one that has stoked concerns about housing affordability for renters.”\u003C\u002Fem>\r\n\r\n\u003Cem> \u003C\u002Fem>The article also cited results from a recent \u003Cem>Reis Inc\u003C\u002Fem> report which revealed that average effective rents rose 4.6% in 2015, the biggest gain since before the recession. Over the past 15 years, rents have risen at a rate of 2.7% annually.\r\n\u003Ch3>\u003Cstrong>Where are rents headed?\u003C\u002Fstrong>\u003C\u002Fh3>\r\nJonathan Smoke, \u003Cem>Chief Economist at realtor.com\u003C\u002Fem> recently warned that:\r\n\u003Cblockquote>\u003Cem>“Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they’ll outpace home price appreciation in the year ahead.”\u003C\u002Fem>\u003Cem> \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nAccording to the \u003Cem>WSJ\u003C\u002Fem> article:\r\n\u003Cblockquote>\u003Cem>“In general, the higher rents go, the more difficult it will be for young people to save for down payments, making them likely to rent even longer.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nOne way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let's get together to determine if you are able to today!","\r\nAccording to the \u003Cem>WSJ\u003C\u002Fem> article:\r\n\u003Cblockquote>\u003Cem>“In general, the higher rents go, the more difficult it will be for young people to save for down payments, making them likely to rent even longer.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nOne way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let's get together to determine if you are able to today!","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002FMedian-Asking-Rents.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers","2016-01-12T10:00:56Z","2016-01-11T23:18:06Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},470,"thinking-of-buying-a-home-3-questions-every-buyer-should-answer-first","Thinking of Buying a Home? 3 Questions Every Buyer Should Answer First","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002F01161819\u002F3-Questions-STM.jpg","2016-01-11T10:00:33Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},472,"lack-of-listings-slowing-down-the-housing-market","Lack of Listings Slowing Down the Housing Market","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F01\u002F01161751\u002FLack-of-Inventory-Featured.jpg","2016-01-13T10:00:46Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[44,48,49,53,57,61,65,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":50,"name":51,"slug":52},6,"For Sellers","sellers",{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":67,"name":68,"slug":69},34,"Senior Market","senior-market",{"id":71,"name":72,"slug":73},35,"Mortgage Rates","mortgage-rates",{"id":75,"name":76,"slug":77},38,"Move-Up","move-up",{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]