(Save the dates:  RealShare Apartments East comes to theHyatt Regency in Miami, FL, on February 26, and RealShare Los Angeles comes to the Hyatt Regency Century Plaza in Los Angeles, CA, on March 27.)

IRVINE, CA-The decrease in default risk among renter applicants year-over-year, on which GlobeSt.com reported earlier today, has positive implications about the financial stability of the renter market and the economy as a whole. Jay Harris, senior director of CoreLogic SafeRent, which recently released its fourth-quarter renter-applicant risk-index report, tells GlobeSt.com that the numbers indicate that income is continuing to rise, which means that people are able to afford higher rents.

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