The 3rd quarter NARPM survey results are out. Overall things still look good for this time of year. You will notice that the vacancy for single family homes is up right now. FRPM has found over the last month that single family home rentals are slower to get rented then the multifamily. As the winter approaches and the Holidays get closer we anticipate the single family rentals to remain slow. Rents overall are strong and still increasing some. It will be interesting to see what the market does once we get through the winter months and past the holidays.
Read full report here: 3rd Quarter NARPM Survey