Monday, September 8, 2008

Looking to rent? Tucson is the place for you!


Arizona home prices may be dragging but we have a great rental market!

Arizona and Florida both top a list of metro areas with the biggest rent drops. As housing prices continue to drop more homeowners are renting because they can't sell. More competition means desperation and lower prices. Until we see a decrease in inventory prices will continue to remain low.

The weak economy is also impacting rentals. As many Americans worry about what their future holds, renting might be a better option for those that don't want to be tied down financially.

Tucson has seen a annual rent drop of 2.4% and a vacancy rate of 7%.

6 comments:

sartaj faisal said...
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sartaj faisal said...
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Raj said...

It's better to rent out.
Boise real estate

Anonymous said...

Thanks for sharing............


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Julie
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Unknown said...

Thanks for sharing, needy people will take benefit for this post.

Thanks !!
For Sale by Owner Homes

Unknown said...


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