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Tag >> commercial property

Apartment Vacancies Continue to Rise

Posted by: Carleton Sheets in Vacant, Vacancy, unemployment, Trend, Tenant, Renter, rent, Real Estate Market, commercial real estate, commercial property, apartment on Jul 13, 2009.

A recent report on CNNMoney.com about apartment vacancies reaching historic levels reminded me of one of my blogs I wrote last October, Where Are All the Renters?,  and another one, Bringing Families Closer Together,  that I posted in February of this year.

The CNN article talks about how the rising unemployment rate has hurt apartment rentals. One demographic hit hard---the 18-25 year olds

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