The 10 Cities Where Rental Prices Are Falling Most

After three years of booming, prices in the rental market have finally started to cool down across much of the US, with a number of cities experiencing significant declines, according to the latest data.

Las Vegas took the top spot nationwide for cities where rental prices are tumbling the most, with a 6 percent drop in the year to May—the latest data available—according to Realtor.com. It was followed by Riverside, California, with a 5.9 percent decline in rental prices from May 2022 to May 2023 and Phoenix, Arizona, with a 5.7 percent slide in the same period.

These are the 10 cities where rental prices have fallen the most, according to Realtor.com data.

1. Las Vegas, NV (Median rent price: $1,531; year-on-year change -6.0 percent)

2. Riverside, CA (Median rent price: $2,302; year-on-year change -5.9 percent)

3. Phoenix, AZ (Median rent price: $1,663; year-on-year change -5.7 percent)

4. Austin, TX (Median rent price: $1,641; year-on-year change -5.6 percent)

5. Tampa, FL (Median rent price: $1,793; year-on-year change -4.0 percent)

6. Charlotte, NC (Median rent price: $1,576; year-on-year change -3.5 percent)

7. Atlanta, GA (Median rent price: $1,660; year-on-year change -3.1 percent)

8. Denver, CO (Median rent price: $1,969; year-on-year change

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The Ethics of Asset Protection

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor is a better partner, parent, and practitioner. White Coat Investor is an affiliate partner of PIMD.

When I first started blogging at The White Coat Investor, I thought I’d be writing frequently about asset protection. It was one of the five or six main topics on the blog. Then I discovered the truth about asset protection what most doctors don’t know: it’s incredibly rare to lose personal assets in a malpractice lawsuit. Being a risk-taker by nature, I quit worrying all that much about it, especially when I realized the majority of my net worth at the time was in retirement accounts that had excellent asset protection from my potential creditors.

I’ve still written about asset protection from time to time on the blog, and I talk about it all the time because the docs are so interested in it. It’s in the WCI Online

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HOW TO THRIVE IN A RECESSION

As we find ourselves on the brink of an economic downturn, it’s normal to be experiencing a little anxiety. The headlines are dominated by news of job losses, syndication deals not meeting projections, and businesses closing up shops, all painting a pretty grim picture of the financial landscape.

The fear many have in times of economic uncertainty often stems from not knowing the future. However, history has shown that those with the right mindset and strategy can succeed during these downturns. Some even look forward to such challenging times with excitement and optimism.

I believe that as a community, we can do better.

We can choose to face these challenges bravely. The key is not just surviving a recession, but to thrive by having a healthy mindset that embraces challenges and perceives this season not just as a crisis, but as an opportunity.



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1. Recognize the Reality: Embrace the Economic Winter

Last year the GDP showed multiple quarters of negative growth. The last few months have seemed split – tons of negative news and at the same time showing some positive signs (S&P 500 approaching a fresh 52-week high).

To

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Phillies Legend Jimmy Rollins Relists Exceptional Encino Home for $10.8M

When a home’s price is reduced, it’s typically a play to coax potential buyers onto the field. But will someone step to the plate and take a swing at this Southern California mansion?

Owned by former Philadelphia Phillies shortstop Jimmy Rollinsthis home in Encino, CA, will still require ample of cash—even with the nearly $1 million discount.

The nine-bedroom, 11-bath dwelling has returned to the market for $10.8 million, after listing last year for $11.75 million.

Spread over 11,000 square feet on a half-acre lot, Rollins’ residence is a modern gem.

Built in 2018

Realtor.com

A bird’s-eye view

Realtor.com

living room

Realtor.com

Kitchen

Realtor.com

Covered patio

Realtor.com

Situated in the highly sought after Royal Oaks community, the posh home is pristine in every way. Vaulted ceilings, two huge staircases, balconies, and incredible views all wow the senses as you enter. A gorgeous great room is warmed by a fireplace and opens through huge doors to a lovely backyard and patio.

The kitchen is packed with amenities, including two islands (one for eating and one for prepping), double fridges/freezers, two ovens, and lots of wine storage.

Another fireplace is found in the primary suite, which also features its own private

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Chrissy Steele takes a helmet at the Delaware Association of Realtors

The Delaware Association of Realtors recently announced the installation of President Chrissy Steele, a Sussex County Realtor and Northrop Realty coastal regional manager.

National Association of Realtors 2023 First Vice President Kevin Sears officiated at the Rehoboth Beach event, which included the installation of the organization’s full slate of officers and directors for the year.

Steele shared her 2023 strategic initiatives to refresh and improve the association’s offerings to its members and the public, including continued efforts to lower the statewide realty transfer tax by 1 percent.

As president of the 4,500-member Delaware Association of Realtors, Steele will president at all meetings of its board of directors and executive committee, and will serve as an ex officio member of all DAR committees and work groups. In her capacity as president, Steele will serve as official spokesperson for the association on issues related to the real estate industry as well as local residential and commercial markets in Delaware. She will also represent DAR and its members on the National Association of Realtors board of directors, and at local, state and national functions.

Steele began her real estate career in 1999 and immediately developed a passion for the business. In 2004, she

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Journal Club 01-20-23 – Passive Income MD

Here’s Journal Club 01-20-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • When it comes to investing in your child’s education, the most common option chosen by many parents is the 529 plan. There’s nothing wrong with it except that it may not be the most effective way to save for college… So, are there any other options? Fortunately, there’s more than one way to do it, and The White Coat Investor shares more about his preferred method of saving for college in the article – How to Use Real Estate to Pay for College.
  • Are you familiar with a Donor Advised Fund (DAF)? The concept behind a DAF is to set up an account to transfer funds today, which can be utilized for charitable donations in the future. Per the author of Physician in Numbers, you can also invest this money to be able to donate higher than what you put aside. Now that’s something! Curious to learn more about a donor-advised fund and if this could be a beneficial strategy for you? The author covers
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