BY BRAD BECKETT ON FEBRUARY 4, 2021
Rentable (formerly known as ABODO) says that the median nationwide rent price for one-bedroom units in February was $1,124 with two-bedroom units coming in at $1391. Click here to read more.
They point out that not one city moved more than 8% in any of their top ten loser & gainer lists, which they say is a strong indication of a lackluster market. Indeed…
“Unfortunately, uncertainty prevails, as the vaccine rollout has been rocky, and the stock market has been anything but orderly. Interestingly, oil prices have firmed and crossed the $50 barrier as the oil market views Biden’s presidency as a precursor to tightened supplies and increased U.S reliance on foreign oil. In addition, new national eviction restrictions are being rolled out.”