Scenes of the area

Scenes of the area

Monday, December 14, 2009

How is the rental market in Pierce County?

The answer depends upon several factors, location being one of the biggest. Being close to major employers, like Fort Lewis, also helps considerably. The rental market as a whole is stable. Since June 2009, competition has forced some concessions from landlords of Single family homes. Most of these cause a reduction in rental rates. There are many homes on the market that were originally on the sales market increasing the competition significantly. Price as in most ventures is most important. If a home is priced reasonably, then it should rent. There are good tenants out there. Just remember to screen carefully, because there are dangers in the market as well.

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