With the real estate market going through fluctuations since 2008, I thought it would be interesting to see what happened in the following towns in terms of rentals over $3000/month.
So what does that mean to you as a prospective landlord? With fewer rentals available almost across the board in 2013, it could mean that more people bought homes instead of renting a property which doesn’t sound like great news if you are a landlord. But the positive is that there is more competition for fewer rentals on the market – this could very good news!
If you or someone you know has a rental investment property and/or is thinking about taking this step, considering referring Somerset Hills Property Management to them. We help keep your rental in tip top shape to maintain its value, rental income potential and retention of tenants. We schedule and meet vendors and repair people, perform move out inspections so you don’t have to! Visit the web site for more details, pricing and contact information.