UT Article: Uptick in county rental, vacancy rates
The vacancy is 4.8%, right near the 5% magic mark
Timely piece.
Note that rental rates are still up 2.8% since the fall survey. The trend remains, but weakness is around the corner. All this, despite 2.5 years of falling home prices and 6 months into a local recession or at least a zero growth/zero job growth.
