Presently, MLS has 169 Back Bay and Beacon Hill apartment rental listings. Almost all of them are for August 1st or September 1st. How many do think will still be available September 2nd?
Warning: Landlords lower your rents or you’ll have a vacant apartment.
This is the worst rental season in the last 5-7 years. Instead of renting a place within 3-4 showings, now it takes about 10 showings to rent it.
Thankfully I’ve been able to take care of my exclusive landlords and get their places rented without a lapse in tenancy…and yes the rents were lowered some to get a tenant in.
Usually you need to rend 6 months out for Sept 1st, or you up a creek with 2-3 to choose from.
This is great news for those of us not gouging ourselves from mommy and daddies teet. Guess the milk dried up when they couldn’t refinance (cash out) their third mortgage.
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