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Apartment Vacancy Rates Hit 10-year Low

Research firm Reis announced today that apartment vacancy rates nationwide have hit a 10-year low, falling to 10%.  You can read the full article here.  More impressively, New Haven, Connecticut has the lowest vacancy rate of any city in the country, according to Reis, at 2.1%.  It has been previously reported that the downtown New Haven vacancy rate is under 1%, while outlying sections are somewhat higher.

If you are interested in purchasing rental property, or would simply like an attorney to look over a lease, contact the Hamad Law Firm today.

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