OC Register: SoCal rents rise for 6th straight month

From the Orange County Register – Jonathan Lansner and Jeff Collins:

Rents in Southern California — at least, as measured by the local version of the Consumer Price Index — were rising in February at a 1.3% annual rate, according to the Bureau of Labor Statistics.

That rise compares to an increase at a 1.1% annual rate in the previous month. It was the sixth consecutive month of year-over-year increases and the biggest jump since July 2009 when rents were rising at a 1.7% annual rate

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About David Mayes

David Mayes has recently received his GREEN certification from the National Association of Realtors. If you enjoy personal attention and great customer service - you need look no further, he cares for his clients and will always go the extra mile to make a deal happen or make a client happy. Whether you are a BUYER or a SELLER all of your needs and wants will be met. With a Master's Degree in Business Administration, Short Sale certified, David brings a rare combination of investment savvy and seasoned experience to every transaction. He writes regularly on OCRealEstateWatch.com and can be reached at david@ocrealestatehq.com or by phone at 949-632-8115.
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