Why now is a great time to be a renter - particularly in Sun Belt cities
Now is a good time to be a renter, as monthly costs fall and property managers offer discounts as the market begins to cool. And it is a particularly good time to be a renter in Sun Belt cities, which are seeing the steepest decrease in monthly costs. Austin, Texas, and Jacksonville, Florida, saw average rents fall the most in the country last month, according to new data from Redfin.
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