Renters Prefer Smaller Metro Areas

Similar to home buyers, renters now prefer smaller metro markets. The advantage of more open space and lower costs are the driving forces. COVID-19 changed people’s ability to work from home. Larger metro areas like San Francisco and San Jose saw double-digit rent decreases. Conversely, some smaller Metro areas saw double-digit increases in rents. Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.