Morning Minute: Rising rents squeezing more consumers

The cost of renting has gotten higher in the last five years and depending on which U.S. metropolitan area you live in, some of the increases have been substantial and unsustainable, according to the National Association of REALTORS® (NAR). Rental costs have jumped 12.92 percent in the Chicago area. Read more and see the NAR infographic below.

In other headlines:

Home Sales In Springfield Up – WICS TV

Dodd-Frank reform, TILA-RESPA dominate House hearings – HousingWire

Cash Sales Are Weakening – NAR Daily Real Estate News

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