I have noticed the rental price is going up this year, I have helped a client found a convertible for around $1,050 a year ago, but now, I have checked with a few different rental buildings, the studio price is around $1,250 – $1,350 and they would not come down as their vacancy rate is so low.
Hope this the starting sign for the market to get better, I noticed that there are some short sales and foreclosures in the new east side, but not so many and if they priced right, they could be gone within a couple of days.
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