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Tag >> Vacancy

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


Vacancies on the Rise

Posted by: Carleton Sheets in VacancyTenantRenterRehabReal EstateProperty ManagementHousing MarketCommercial on

For several months I've been reading disturbing articles about the rise in rental vacancies---all across the county. Now the Wall Street Journal is voicing the same concerns.

Rental vacancies---both commercial and residential---are up because of the economy. And although landlords have lowered rents (in some cases as much as 20%!) and offered other concessions, renters are continuing to renege