Retal activity vs. single family sales

It looks as though there were 67 rentals in town that went to contract last month (March, 2014, for those not keeping up) and 86 single family homes. I’ll confirm those numbers and compare them to other years but it seems to me that that’s more rental captivity than average.

UPDATE: so much for intuition. The 2013 numbers for March were 81 rentals, 54 single families. Even allowing for my still trying to learn to use the new MLS data, it appears that the market for both rentals and sales is up considerably from last year.

4 Comments

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4 responses to “Retal activity vs. single family sales

  1. Walt

    Dude –
    Retal activity? RETAL ACTIVITY? Do you mean, perchance, RENAL activity?

    THERE IS NO SUCH THING AS RETAL!! If you are going to post about your anal activity, your chocolate starfish, the poop shoot, the puckered brown eye, AT LEAST SPELL IT RIGHT!!

    You dingy balloon knot.
    Your Pal,
    Walt

  2. Once

    Rentals last year 81, this year 67. Doesn’t that suggest a dip in rental activity?

  3. Anonymous

    I hope the rental activity jumps cause I gotta rent my place. Will folks mind the pigeon coop in the backyard?

  4. Anonymous

    No, it suggests consumers are shifting from renting to purchasing.