http://finance.yahoo.com/news/us-home-rents-rose-july-123107123.html...First the bad news.....US home rents rose in July as ownership market cooled
US home rents surge 4.2 percent from a year ago; apartment demand shows shift from ownership....Real estate data firm Zillow said Tuesday that rents rose a seasonally adjusted 4.2 percent from a year ago. The higher rents suggest that demand for apartments is continuing to grow as the share of Americans owning homes has dropped. The share of the U.S. population who own homes has fallen to 63.4 percent, a 48-year low, according to the Census Bureau....And the good news? I just saved a bunch off my auto insurance by switching to Geico insurance!