2.5% Vacancy:

Our vacancy rate continues to be very low at just 2.5%. Based on the inquiry and application rate, I am expecting that to climb in April, but maybe things will pick up in the next two weeks. We did push some rents up and drop some move-in specials, so that perhaps is what has slowed down our inquiry rate. We’ll continue to monitor the traffic rate for each listing and make the necessary adjustments to minimize vacancy.

Swing Shift:

With the time change comes extended daylight hours. We have added a swing shift so that we can show properties until 8pm each night. I don’t know any other professional property management companies out there that has extended hours like that, so we tend to capitalize on lease signings.