Tuesday, January 6, 2015

Dallas-Fort Worth residential rents rose by $600 million in 2014 via Dallas Morning News

North Texas renters shelled out $600 million more to keep a roof over their heads in 2014, according to a new report from Zillow.com.

Dallas-Fort Worth residents paid an estimated $10 billion in rents this year, the online marketing firm estimates. That’s 6.2 percent more than in 2013.

Nationwide, Americans in the 25 largest markets paid about 5 percent more for residential rents in 2014. The biggest increases were in the San Francisco area.

Median rents in the D-FW area were $35 a month higher this year, compared with a nationwide rise of $26.

Read more...Dallas-Fort Worth residential rents rose by $600 million in 2014 | Dallas Morning News

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