Don’t Get Left Out in the Cold! Rent Now!
Thursday, June 23rd, 2011 at
1:22 pm
Record high occupancy rates are becoming a slight hurdle for apartmentites in finding a new place to live. If you love where you currently live, the pool, fitness center, closet space, and the neighbor’s dog—then by all means stay—you’re doing great. But if you’re thinking you might like a change when your lease expires— HEADS UP!
Vacancy’s down, occupancy is up. Why? Well you don’t have to be a brilliant apartmentite to clue into the fact that it’s still cheaper to rent than to own. Some journalists are making noise about a housing slowdown. Call me crazy, but when I hear “slowdown” I think of falling prices and that’s just not happening. House prices remain in the middle to upper stratosphere and that has more of us choosing (quite wisely in my view) to rent our homes.
Unemployment’s down, job growth is up. In fact, job growth in Texas, for example, is running at 2.4%. Doesn’t sound like much, but Economists get arrhythmia over numbers like that. Why? Well 2.4% job growth is actually twice the National average, and that’s sucking people there from other states. Bottomline: competition for apartment homes is getting stiffer.
So what? Well again, if you are happy where you are- congratulations and stay. But if you’re ready for a change: shop early and shop well. If you’re like me and have certain tendencies of the procrastinatory sort, this may not come naturally. Still it’s definitely the best thing to do.
So seize the mouse! Log on, tune in, and find the right apartment home for you EARLY! If you plan to move this winter, shop now. If you plan to move in the spring, shop now. It’s a free country, there’s no law that says we have to procrastinate. The point is
Apartment Home Living will match you with the right apartment home well before you need to move into it, so you will be set up!
In fact, now is a great time to shop because the winter months are the slowest months in apartments-for-lease-land. You’ll have a better chance of finding what you want. And while you’re out looking for your next apartment, don’t forget to look for signs of intelligent life.
Sell and Rent Back
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