7 Red Flags Renters Need to Know About Apartment Shopping During the COVID-19 Pandemic
7 Red Flags Renters Need to Know About Apartment Shopping During the COVID-19 Pandemic
With the coronavirus pandemic still presenting a risk for apartment shoppers, here are the red flags that should send you running.
Kathleen Willcox, provided by
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It s not a secret that the coronavirus pandemic has made renting a home or apartment stressful for both landlords and tenants.
About 12 million renters will owe an average of $5,850 in back rent and utilities by January, according to Moody’s Analytics, and rental rates in big coastal cities have fallen year over year as renters flee to the suburbs. But rents in fast-growing cities and spillover markets like Rochester, NY, and Tacoma, WA, are on the rise, according to realtor.com s September rent report.