Home investors push rents down as prices rise

03/18/2013 | Star-Ledger (Newark, N.J.), The

Investors' rush to snap up distressed homes has sent monthly rents downward while asking prices are rising, according to online listing service Trulia. "Investors are buying homes, in part, to rent them out, and that has added a lot of rental supply, and that's preventing rents from rising," said Jed Kolko, Trulia's chief economist. "It means some investors will start to think about selling those single-family rentals."

View Full Article in:

Star-Ledger (Newark, N.J.), The

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Quality Engineer
Kaman Composites Vermont
Bennington, VT
Systems Controls Engineering - Multiple positions
United Technologies
East Hartford, CT
Online Production Manager & Web Developer
GLAAD
New York, NY
CNC PROGRAMMER (CATIA)
ASHLEY MACHINE AND TOOL
WEST WYOMING, PA
Senior Manufacturing Engineer
ASHLEY MACHINE AND TOOL
WEST WYOMING, PA