In looking at the number of Princeton rentals that have gone under contract in 2010 vs. 2009 it is suggesting a strong market.
1/1/09 – 10/14/09: 123 Princeton Rentals were leased
1/1/10 – 10/14/10: 159 Princeton Rentals were leased
That is almost a 30% increase in the number of Princeton rentals that have leased ytd 2010 v 2009.
Overall the market for Princeton rentals remains brisk and the more affordable the unit the faster they rented. if you are a tenant in the market be advised that due to the fact any people are reluctant to buy they are committing to rentals first.
If you have any questions re the Princeton rental market or would like to schedule an interview, call me. (c) 609-977-5343