A Renter's Market: National Rate of Apartment Vacancies the Highest in 20 Years
Whittier Daily News › July 16, 2009
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Summary
WHITTIER - Renting out an apartment just isn't as easy and quick as it used to be for apartment owner Virginia "Ginny" Ball.
"I'm not renting them as quickly," said Ball, whose Woodruff Properties owns 149 units in Whittier and Chula Vista. "It's about a month to rent a unit. Usually, I would rent in about a week."See the full content of this document
Extract
A Renter's Market: National Rate of Apartment Vacancies the Highest in 20 Years
It's a common story among local landlords and apartment owners as a year-and-half-long recession drags on.
Their story reflects the nation's, according to a report out last week.The national apartment vacancy rate reached its...See the full content of this document
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