If you manage a Rental home or an apartment community, you may be interested to know that Rental Vacancies are up to 10.2% from 10% a year ago according to a recent Forbes.com article

Experts attribute the rise in Vacancies to a glut in housing due to overbuilding and poor economies forcing people to migrate.

Many homeowners, who are finding it difficult to sell their home, are faced with trying to rent it. This will certainly make it harder for existing property managers to keep their rentals occupied. Hopefully these new landlords are up to speed on the basics of renting a home.