Renters are paying more because the foreclosure crisis is adding to their ranks, which increases demand for apartments. Orange County has seen the biggest rent increase in the Southland: 13.2% in the last year.Home prices are tumbling to fresh lows, but new data show the rental market is on an upswing, an early indicator that housing may be headed into recovery.
Similar Stories to Rising Rents May Signal A Housing Market Recovery on Bing News
By Alejandro Lazo, Los Angeles Times, Los Angeles Times
Tue, 03/13/2012 - 12:00am
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