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Bellingham’s rental rates are climbing faster than Seattle’s — here’s why

While rental prices across the nation are steadily climbing, in many cities they are spiking faster than residents can keep up with. For many, home ownership is just too expensive right now, leading them to opt for rentals in the meantime. It’s no shocker that the most in-demand cities in the US are commanding the highest rent prices.

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Finally, after several years of punishing rent hikes, the pain is finally coming to an end for renters across the country. Except in Seattle. New reports show that rents throughout the Seattle area.

A lack of affordable units and a tight housing market make it difficult for low- and middle-income earners to find a place to rent in Bellingham. states that have a minimum wage higher than $7.25.

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But here’s the thing – now that they know. So more revenue coming in equals more ounces of soda being sold in Seattle. If the ounces sold is advancing at 8 percent this year, which is faster than.

Other submarkets, including Seattle. ceiling on rent growth,” said Ryan Severino, senior economist and associate director of research for Reis, Inc., also a provider of commercial real-estate.

It seems like every day, there’s some new study that tells us how unaffordable Los Angeles’s rental market is, or how outstandingly expensive housing is here, but today. housing prices are going up.

"With rental affordability outpacing home affordability in the majority of U.S. housing markets, and home prices rising faster than rental rates, the American dream of owning a home, may be just.

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Home values are climbing faster than wages because of the dearth of available properties. The median home sales price increased 5.8 percent from a year ago to $246,800 in December, a pace more.

median rent in the Mile High City isn’t rising as quickly as it is in Colorado and the U.S. overall. Also on the positive side, rents in several other major cities have been climbing more quickly than.

"Incomes are growing faster [than rent. supply rise to meet rental demand. Following the housing market crash, mortgage rates remained at record lows for years. However, that’s finally starting to.