BREALTY REAL ESTATE REPORT RENTING CHALLENGES Renters find it harder to find affordable housing. The percentage of income that goes toward rent is rising. The home ownership rate locally has fallen in recent years. This increased rental demand and higher home prices has boosted the demand for single-family rental homes. Increased demand for rentals has depleted inventory and pushed rents higher. This is a serious situation for many renters spending so much of their income on housing. It forces households to cut essential spending. With little else to cut in already tight budgets, those with severe cost burdens spend less on food each month and make cuts to health care, clothing, and savings. Some choose longer commutes to lower housing costs, but then have to add in higher transportation costs. LISTINGS 5/15-30/2025 821 Quiet Harbor, Creston $39,000 SALES 5/15-30/2025 211 W. Kansas, Afton 110 Kansas, Lorimor $43,000 $31,200 www.rrealtyofcrestonia.com Retta Ripperger Realtor® Certified Residential Specialist Let "R" Realty be your realty! 114 North Elm Creston 641-782-9408 retta@realestateismy.name OPPORTUNITY SM-CP97490603 BREALTY REAL ESTATE REPORT RENTING CHALLENGES Renters find it harder to find affordable housing . The percentage of income that goes toward rent is rising . The home ownership rate locally has fallen in recent years . This increased rental demand and higher home prices has boosted the demand for single - family rental homes . Increased demand for rentals has depleted inventory and pushed rents higher . This is a serious situation for many renters spending so much of their income on housing . It forces households to cut essential spending . With little else to cut in already tight budgets , those with severe cost burdens spend less on food each month and make cuts to health care , clothing , and savings . Some choose longer commutes to lower housing costs , but then have to add in higher transportation costs . LISTINGS 5 / 15-30 / 2025 821 Quiet Harbor , Creston $ 39,000 SALES 5 / 15-30 / 2025 211 W. Kansas , Afton 110 Kansas , Lorimor $ 43,000 $ 31,200 www.rrealtyofcrestonia.com Retta Ripperger Realtor® Certified Residential Specialist Let " R " Realty be your realty ! 114 North Elm Creston 641-782-9408 retta@realestateismy.name OPPORTUNITY SM - CP97490603