In the last few weeks I have seen a huge upswing in people looking for rental homes, as well as owner's deciding to rent their homes rather than selling in the present market. Despite all the news reports of people "walking away" from their homes, there are many people who do not want to destroy their credit (or their security clearances) and choose renting their homes and hiring a property manager as an alternative.
Conversely, so many people are afraid to purchase with the uncertainty of the current market that renting has become quite attractive. If an owner prices their home competitvely we can often get it rented within just a few weeks or less- it becomes a win- win situation for both parties!
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