Rental Prices Soaring as Home Values Stay Low

MIAMI, Fla., Dec. 7, 2011 (SEND2PRESS NEWSWIRE) — Foreclosure Deals, a leading provider of foreclosure listings, news and information, has released new research on home prices and rent values across the nation. Drawn on data collected from regional and local real estate markets, the numbers demonstrate the relationship between the average cost of rent and the average cost of a home purchase in each state, which can help homebuyers choose the best markets in which to invest.