The best and worst places to move to in the new year
are estimated to sit between 5% and 6%. A year ago, the benchmark 30-year rate was hovering around 3.22%. However, Fairweather projected that the Sun Belt will rebound.
Examples would be Lake County, Illinois; Albany, New York; New Haven, Connecticut; Milwaukee; and Chicago, she added. "From August to September, and again from September to October, rents actually decreased as fewer renters sought apartments from a growing pool of available units," he said, adding that it "puts renters in their strongest negotiating position in nearly two years."SURGING RENTS SQUEEZING MIDDLE-CLASS AMERICANS THE HARDEST, STUDY SHOWS
He also recommends that renters find out what historical year-over-year increases have been in their area when negotiating prices.
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