Rental prices are ‘consistently increasing,’ sticker shock is ‘really crazy’: Corcoran Group CEO

Pamela Liebman, president and CEO of The Corcoran Group, discussed the real estate market on Tuesday, stressing that the sticker shock for rents have been "really crazy."  She noted that some rents increased by 50% compared to the same time last year.  "There have been 12 months of consistently increasing rental prices so every month it’s going up,"...