Wednesday, April 27, 2011

A Rising Rental Market

"The uncertain economy, combined with a depressed housing market and tight credit standards, has fostered an increase in residential leasing in Westchester and nearby counties — a trend so pronounced that at least one agency, Better Homes and Gardens Rand, recently introduced a rentals-only Web site for its clients. 'In some ways, renters have become the new buyers,' said Joseph Rand."

The New York Times, from "In a Slow Economy, Rentals Zoom," an article on the growing strength of the Westchester rental market. To reflect this trend, I am going to start featuring noteworthy rental listings next week. Can't wait.

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