Friday, June 2, 2023 | The Latest Buzz for the Appraisal Industry

More Renters Seeking Warmer, Rural Areas

Out-of-state applicants for rental properties increased 42% from 2020 to 2021, according to a new data analysis from TransUnion. In that same period, rental applications in rural areas increased 28%, while urban rental application volume rose just 10%. The primary driver of these trends appears to be rising housing costs and the widespread availability of …

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