NJ Rents Continue to Soar. The Reality of Inflation & Competitive Housing.
If you’re searching for a place to rent in NJ, you’ve probably noticed that prices are through the roof. Your eyes aren’t deceiving you. New Jersey rent prices are undergoing record-high increases and are now the fourth most expensive in the nation. With inflation and fuel prices driving up the cost of living, rent increase is the last thing New Jerseyans want to hear. Unfortunately, it doesn’t seem like New Jersey rent prices will drop anytime soon. A recent Rent.com survey found that the state experienced a 32.86 percent increase year-over-year in rent prices–well above the national average. And
The Top 5 Reasons to Use an Apartment Realtor to Fill Your Vacancy
If you're a homeowner or investor who needs your rental vacancy filled fast, avoid the dilemma and stress of trying to do so yourself. Real estate agents can help make the process smooth and seamless with their connections to qualified renters and professional screening processes. Hiring a realtor to handle the logistics of your rental property is a smart move for many reasons. Explore the top 5 benefits to using an apartment realtor for your property below. 1.) Gain the Most Visibility for Your Rental Advertising rentals requires experience, efficiency, and access to marketing outlets.
Renting vs. Owning a Home in NJ
It's a big question with no easy answer: Is owning a home vs. renting a better option? Owning a home is the American Dream; it comes with a lot of satisfaction, but there's one hassle that comes to mind: you aren't sure you can afford it. Deciding whether to rent or invest in a home comes down to a good credit score, adequate savings, and personal income. Your credentials will reveal if buying a home in New Jersey is right for you or if renting is still the better option? Let's compare and find out which works best.
