February: The Valentine’s Day Gifts Your Significant Other Actually Wants to Receive

  Flowers, cards, candy… it’s all some of us can come up with for a Valentine’s Day gift. But, really, you’re better off saving your money. No one really wants these things—we all know it. Instead, try one of these unique gifts this year that your loved one  actually  wants to open. Reese’s Peanut Butter Cup Bouquet A box of chocolates? Nice. Chocolate fondue for dessert? Sure. A Reese’s Peanut Butter Cup Bouquet? YES, thank you this is the gift of our dreams!  Walmart  is selling these bouquets, with orange flowers interwoven throughout, for $44, or you could order them from  Amazon . Art, Featuring Your Pet If your significant other is obsessed with their pet—we’re talking wants to lay on a pillow with their pet’s face or wear their pet on their clothing—then boy, do we have a gift for you. The company  Pop Your Pup  sells apparel, accessories, home goods, and wall art—all with your beloved pets face. All you have to do is select the product you...

Think Prices Have Skyrocketed? Look at Rents.

Do any of you have rental properties?  Is it worth the effort ... repairs, tenants, etc? 


By:  Pam Boyle & Associates


Think Prices Have Skyrocketed? Look at Rents. | MyKCM

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject.
In the most recent Apartment Rent ReportRentCafe explains how rents have continued to increase over the last twelve months because of a large demand and a limited supply.
 “Continued interest in rental apartments and slowing construction keeps the national average rent on a strong upward trend.”
Zillow, in its latest Rent Index, agreed that rents are continuing on an “upward trend” across most of the country, and that the trend is accelerating:
“The median U.S. rent grew 2% year-over-year, to $1,595 per month. National rent growth is faster than a year ago, and while 46 of the 50 largest markets are showing deceleration in annual home value growth, annual rent growth is accelerating in 41 of the largest 50 markets.”
The Zillow report went on to detail rent increases since the beginning of the housing market recovery in 2012. Here is a graph showing the increases:Think Prices Have Skyrocketed? Look at Rents. | MyKCM

Bottom Line

It is true that home prices have risen over the past seven years, increasing the cost of owning a home. However, the cost of renting a home has also increased over that same time period.

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