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Winter: Few Vacancies, Fewer Inquiries

Winter is fast approaching so few prospective tenants are searching for even fewer rental properties.  Low demand yet lower inventories might tempt prices to remain stable, but typically we see lower rents and higher more aggressive rent credits.  If rents remain high properties could remain vacant over the winter.

Currently First Rate Property Managements vacancy rate is 2.3%, lower than the previous five years during the same time period.

 

10-09-2013
Tony Drost
Boise Area Rental Market
08-29-2016

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