ccelerating, but rents are moderating and could ease substantially in some markets. By the end of this year, rents may actually rise at a slower pace than incomes in many markets, according to a new analysis by Zillow, a real estate listing company.
Zillow is forecasting a 1.1 percent annual rent appreciation rate by December, down from 4.5 percent at the end of 2015, according to Reis, a commercial real estate analytics company. Some markets are still seeing double-digit rent growth.
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Neal Paskvan is a full time Realtor specializing in Downers grove, D
arien,Woodridge, Westmont and Du page county Real Estate
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