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rental housing: The Rental Vacancy Rate Soars – How will This Affect Home Sales? - 10/12/09 06:48 PM
The vacancy rate for apartments and other rentals has now hit its highest point since 1986.  The slow job market has left a dent in the demand for housing, particularly during the recent summer rental months.  
This is not good news for home sellers since the air that is leaving the rental market will drive down the cost of rents, making renting a more desirable option for some potential home buyers. 
Reis Inc., a New York real-estate research firm that tracks vacancies and rents, reported that the U. S. vacancy rates reached 7.8%, a 23-year high in the top 79 rental markets.  During the winter months, … (44 comments)

rental housing: Beware of the Craiglist Rental Scam - Massachusetts Blog - 05/14/09 02:14 PM
The National Association of Realtors has put out the word warning consumers about a recent property rental scam.  
Using listing photos of vacant properties acquired through Realtor.com and other online real estate sites, these phony landlords are running ads promising to lease homes at very reasonable rates.  
Typically, a consumer sees an ad for a rental home on Craigslist advertising an attractive property at a low rental and reasonable security deposit amount.  Included in the ad there will be a contact email address.  When consumers contact the address they will receive an email back explaining the situation.  The responses are usually … (1 comments)

 
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Claudette Millette - Metrowest Mass Buyer Broker

Ashland, MA

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