Let’s face it: Rent is out of control. There is some good news, though. Asking rents have fallen for the first time in four years, according to Redfin’s latest report on rents. Median asking rents for no- or one-bedroom apartments dropped 0.1% to $1,498 per month, two-bedroom apartments fell 0.3% to $1,730 and three-bedroom apartments decreased by 2.4% to $2,010. This drop in rent is due to…
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