rental decision and finding the right tenant: Landlords tough decisions about picking the right tenant in today's market - 05/19/10 10:57 AM
The rental market in the Phoenix area is out of control lately. Our inventory which is normally in the 8500 range is currently under 3200 and decreasing rapidly. Because we took such a hard hit with foreclosures and are still very high in short sales, all of the owners of those homes still need to find a place to live but can no longer qualify to purchase a home. Thus, we have a high demand for rentals.
This is great news for Landlords, but they have a tough decision to make. When you look at a credit report what parts are … (2 comments)