Rental Market 2013 via CNBC

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“Rents will stay elevated and vacancies low despite the improvement in the housing market.  First-time home buyers are still having trouble returning to the home buying market, despite rising household formation. With lenders requiring higher down payments and complete documentation, these buyers who usually make up over 40 percent of the market are at barely one third of home sales. We will only see the tide turner with far more robust job creation.”  (This is from a National Perspective.  Even more so the case here in Central Florida.)

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