What Did Renters Learn in 2010 AND.....

....what do they need to know in 2011?

1. Its no longer a renters market, inventory is down, concessions are gone and landlords are back in the driver's seat.
2. Inventory talks...so long as our vacancy rate is less then 1% through out the city prices will be going no place but up.
3. Luxury Costs...in the past you had to buy in order to have the finest of the finest. Now, rental properties that fall into the ultra luxury category have sprung up and rented quite quickly, thank you very much.
4. Easy shares are a thing of the past. Landlords are no longer anxious or even agreable to having walls built or allowing shares in smaller apartments.
5. Bed Bugs dont discrimate. Every neighborhood and every price point has been effected. At least new laws mandate full disclosure.
6. You CAN avoid Craiglist scams. Using a reputable, ethical and honest Real Estate Broker (yes they do exist) will let you sleep well at night.
7. Count your blessings. Rents have jumped up in price since 2008/2009. If you signed a lease back then, thank your lucky stars.