Median Lease: $1,375 – Increased from $1,340 previous month.

Average Lease: $1,568 – Increased from $1,505 previous month.

Avg. Days on Market: 26 – Increased from previous 25 days.

Rent Check Quotient™: 3 : 10 – Remain flat as 3 : 10 last month.

Closed Rental: 2,382 – Increased from previous 2,290 homes.

Rent Check Quotient™ (RCQ™) is the ratio of closed rentals and closed sales.

Cap rates and Cash on Cash are still above 4.65%, It’s still good time to ACT!