Rent.com just released it’s annual market report citing research done on hundreds of property managers, thousands of rental properties, and hundreds of thousands of rental units across the country. The current rental market is experiencing the lowest vacancy rates in nearly 20 years. This is good news for property managers, who have reported a decrease in their rental vacancies. There are more prospective tenants to choose from and less of a need to negotiate rental prices. Rental rates continue to rise, making it a great time to be a property manager.
Read more...Rent.com 2015 Rental Market Report | PropertyManager.com
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