Tuesday, August 25, 2009
Back to School Time is Here....
The school supplies are clearing off the shelves, the backpacks are full and the new shoes are by the door....school time is here. Today marks the first day of school in my district, but it also marks a trend in the apartment industry that you may have already noticed. This is the busiest time of year for the industry. Most people want to get their moves taken care of in the summer time to be settled before their children start school. Others move specifically for school. Whatever the reason, more people move now than ever and you may have noticed that rates have been higher than what you've been seeing. That's where the old supply and demand theory kicks in. So do you want to optimize your chances of getting a great rate? Here's the trick...wait and plan your move in the late fall. Once the demand drops off and things slow down, communities will be begging for new residents. You'll find that specials are typically at their best in the October-December timeframe. So if you have flexibility in your move, wait it out...your wallet will thank you!
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