[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3dwxqmdyjqs10":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"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":33,"updatedAt":34},565,"when-is-it-a-good-time-to-rent-definitely-not-now-2","When Is It A Good Time To Rent? Definitely 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.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F05\u002F01161421\u002FSTM-Share-7.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.\u003C!--more-->\r\n\r\nThe \u003Cem>Census Bureau\u003C\u002Fem> recently released their first 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\u002F05\u002FSTM-ENG-4.jpg\">\u003Cimg class=\"alignnone wp-image-33444\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F05\u002FSTM-ENG-4.jpg\" alt=\"When Is It A Good Time To Rent? Definitely NOT NOW! | 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\nThe 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.\u003Cstrong> \u003C\u002Fstrong>\r\n\u003Ch4>\u003Cstrong>Where are rents headed?\u003C\u002Fstrong>\u003C\u002Fh4>\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>\u003Cstrong> \u003C\u002Fstrong>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cem>NAR’s Chief Economist\u003C\u002Fem>, Lawrence Yun had this to say in the latest \u003Cem>Existing Home Sales Report\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem> \u003C\u002Fem>\u003Cem>\"With rents steadily rising and average fixed rates well below 4 percent, qualified first-time buyers should be more active participants than what they are right now.\"\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 meet up to determine if you are able to today!","\r\n\u003Cem>NAR’s Chief Economist\u003C\u002Fem>, Lawrence Yun had this to say in the latest \u003Cem>Existing Home Sales Report\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem> \u003C\u002Fem>\u003Cem>\"With rents steadily rising and average fixed rates well below 4 percent, qualified first-time buyers should be more active participants than what they are right now.\"\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 meet up to determine if you are able to today!","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F05\u002FSTM-ENG-4.jpg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2016-05-23T10:00:21Z","2016-05-17T12:10:41Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},564,"renting-vs-buying-what-does-it-really-cost-infographic","Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]","https:\u002F\u002F\u002F","2016-05-20T10:00:51Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},566,"where-are-home-values-headed-over-the-next-5-years","Where Are Home Values Headed Over the Next 5 Years?","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F05\u002F01161411\u002F20160524-Share-STM.jpg","2016-05-24T10:00:54Z",{"cover":48,"open":49,"shareSpread":50},"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",[52,56,57,61,65,69,70,71,75,79,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":22,"name":23,"slug":24},{"id":26,"name":27,"slug":28},{"id":72,"name":73,"slug":74},34,"Senior Market","senior-market",{"id":76,"name":77,"slug":78},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},{"id":81,"name":82,"slug":83},41,"For Sale by Owner","for-sale-by-owner",{"id":85,"name":86,"slug":87},42,"Featured","featured",{"id":89,"name":90,"slug":91},45,"New Construction","new-construction",{"id":93,"name":94,"slug":95},52,"Luxury \u002F Vacation","luxury--vacation",{"id":97,"name":98,"slug":99},53,"Rent vs. Buy","rent-vs-buy",{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]