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February is a mixed bag. While the Days On Market have improved from 41 days to 33 days which is a excellent sign but the average rent has declined from $2106 to $2053. We had a small decline in the total units rented from 433 to 429 which falls in line with the month of February. It's still to early to make any predictions on trends and with all the negative news one would expect a little softness.
About The Author
Eric Guggenheimer - SFR, ARM ® » Principal Broker, Certified Property Manager, IREM, ARM, NARPM, NVAR, NAR, VAR