First Rate Property Management's vacancy rate is currently 0.60%, down from 0.70% at this time last year. This is the 39th consecutive week that FRPM has achieved record-low vacancies. As a policy FRPM recommends to all of our property owners not to allow leases to terminate in the winter months. But there are always circumstances that occur where the owner allows tenants to go month-to-month. Unfortunately sometimes those tenants choose to vacate in the holiday seasons. The holidays have always historically proven to be a very hard times of the year to fill vacancies.