Kamis, 10 September 2009

Charlottesville Area Vacancy Rates in Properties For Sale, and Accidental Landlords

 If you can't sell your house, should you rent it out? 

The number of vacant properties is holding pretty steady at give or take 1/3 of all available properties for sale.  Realtor Jim Duncan, who blogs at REALCentralVA, keeps track of the data and periodically updates the distribution.  His graph and chart appear, below.

How many of these vacancies have been converted to rentals?  Last year,

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