[quote=Coronita]The other thing I think Is happening is some landlords are starting to sell at these high prices. Because the tenant pool this year for me was way better than last year, even with a $700/month price increase.

I guess a lot of long term tenants are being forced to move because the owners are selling. Fortunately, SFH are exempt from rent control (for now).[/quote]

Landlords are always buying and selling. The quality and quantity of high quality tenants has increased dramatically. Higher home prices and low inventory strengthen that market even more