Above is a marketwatch.com link to article with the title: Home vacancies rise to record 2.9% in first quarter; Homeownership rate steady at 67.8%, matching six-year low
The quote below from this article surprised me. I have been expecting rental vacancy rates to FALL as all those getting kicked out of their homes (they defaulted on) have to look for rentals. Apparently the rental vacancy rates are going UP not down.
“Meanwhile, a record 4.1 million vacant homes are for rent, with the rental vacancy rate rising to 10.1%. The record number of vacant rentals should keep rents from rising too fast, which could be a major factor in moderating inflation over the next year or two. “
number of rental units on the market has increased as those that need to sell but can’t are forced to rent the place out.
Just checking Craigslist for South OC the number of listings and deals is amazing! Many properties are offering 1st month free and also generally the rent price level is down. The supply seems to far exceed demand at this point.
number of rental units on the market has increased as those that need to sell but can’t are forced to rent the place out.
Just checking Craigslist for South OC the number of listings and deals is amazing! Many properties are offering 1st month free and also generally the rent price level is down. The supply seems to far exceed demand at this point.
number of rental units on the market has increased as those that need to sell but can’t are forced to rent the place out.
Just checking Craigslist for South OC the number of listings and deals is amazing! Many properties are offering 1st month free and also generally the rent price level is down. The supply seems to far exceed demand at this point.
number of rental units on the market has increased as those that need to sell but can’t are forced to rent the place out.
Just checking Craigslist for South OC the number of listings and deals is amazing! Many properties are offering 1st month free and also generally the rent price level is down. The supply seems to far exceed demand at this point.
number of rental units on the market has increased as those that need to sell but can’t are forced to rent the place out.
Just checking Craigslist for South OC the number of listings and deals is amazing! Many properties are offering 1st month free and also generally the rent price level is down. The supply seems to far exceed demand at this point.
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