From FoxBusiness.com…..
Some of the country’s largest cities are dealing with an apartment inventory glut, which is causing prices to plummet.
San Francisco saw the prices fall the furthest in September, according to data from Realtor.com, with costs for a one-bedroom unit falling by 24.2%.
Two other cities in California – San Mateo and Santa Clara – experienced the second and third largest drop in average one-bedroom rent prices, followed by Suffolk, Mass., and Manhattan.
