“Since the start of the Great Recession, many former homeowners have flooded the rental market,” said Pete Flint, chief executive and co-founder of Trulia. “Following the principles of supply and demand, renting has become relatively more expensive than buying in most markets.”
Via HousingWire.
January 24, 2011 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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