Rental Rates Emerge from a two year slump

Rental Rates Emerge from a two year slump.  Apartment rents have rebounded to pre-recession levels nationally and are gradually pushing higher in Riverside and San Bernardino counties, according to a report released this week on the rental market.

In the third quarter of 2008, rent levels nationally had reached a record high. But then a flood of foreclosed homes entered the rental market and a soft economy caused a significant slump in rents