Cushman & Wakefield released the latest MarketView report indicates that rents for all property types will rise by the end of 2011. The vast majority of U.S. CBD markets will see rising asking rents starting in big cities like New York and Chicago and moving to secondary markets like the Midwest.
The REcap also shared news from Lending Tree that the Midwest is well represented in states with the healthiest housing markets. Minnesota came in second, just behind North Dakota. The average home price in Minnesota is $224,000, only 22.2 percent of homeowners had negative equity in their homes, and the home ownership rate stands at 72.6 percent.
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