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I Love Westside Rentals
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SANTA MONICA, CA — (Marketwire) — 07/29/09 — Tough economic times may be a boon to Southern California renters, according to a survey of rent prices for more than 50,000 properties.
Average monthly rents for Santa Monica Apartments fell 20 percent in June 2009 compared to one year ago, while rent prices across greater Southern California dropped 24 percent, based on a survey of listings at WestsideRentals.com , Southern California’s leading resource for rental properties. The listings for Los Angeles Apartments showed even worse decreases over the last 12 months.
"At a time when mortgages are difficult to obtain due to tighter lending standards and high home prices, renting remains an attractive housing alternative for Southern California residents," said Mark Verge, WestsideRentals.com owner. "While the real estate market is stabilizing, lower occupancy rates and new units coming on the market are creating bargains for renters in Santa Monica and throughout the Southland."
For example, Santa Monica-based landlord Doug Franklin, who owns seven rental properties in the city, has recently dropped the rent on a two-bedroom property from $2,395 to $1,830 per month. Similar rent decreases can be found in communities from Pasadena to Irvine to San Diego, based on WestsideRentals.com ’s extensive database of more than 50,000 listings throughout Southern California.
"In today’s market, rent prices fluctuate on a weekly or even daily basis," Verge said. "Landlords are staying proactive to offer competitive rent prices, and renters are finding real value for their money."
To help landlords gauge the rental market and find the most up-to-date information on rent levels in their areas, WestsideRentals.com offers a free price comparison tool. The feature makes it easy for landlords to establish pricing on an available unit at a level appropriate for their market.
About WestsideRentals.com
Based in Santa Monica, WestsideRentals.com is the definitive marketplace for connecting landlords and tenants in Southern California. Since 1996, WestsideRentals.com has helped more than 1 million renters search for housing and hundreds of thousands of landlords find responsible tenants to fill their vacancies. WestsideRentals.com offers live help, more than 15,000 property photos and more than 20,000 available rentals that can be updated in real time.
Contact:
Mark Verge
CEO
Email Contact
(310) 395-7368
Contact:
Nasi Peretz
(626) 319-3187
http://money.aol.com/article/westsiderentalscom-now-available-on-the/505846?icid=sphere_searchsphere_news
http://www.reuters.com/article/pressRelease/idUS92278+01-Jun-2009+MW20090601
1) sneak it in
2) lie about it never barking
3) don’t have a pitbull
in all seriousness….
4) get your dog groomed before meeting the landlord
5) offer a pet deposit
More homeowners, and some renters, have taken in boarders in this sour economy.
CLICK on link below for full story:
http://www.usatoday.com/news/nation/2009-02-15-roommates_N.htm
Guest Speaker: Attorney form the Duringer Law Group
Topic: “Avoiding the Pitfalls with Preparing and Serving Eviction Notices.”
Bonus: “Ask the Attorney” Open Q & A session to follow
Also, We will have speakers from the following departments:
Tenant Screening, Feature Rentals, Brokerage and Insurance. Landlords will be encouraged to ask questions, we’ll demonstrate and teach how to log into a landlord account and navigate the Landlord Main Menu page. Snacks will be provided and parking is free behind our office.
We hope to see you at our seminars!
Where: Westside Rentals Corporate Headquarters
1020 Wilshire Blvd. Santa Monica, CA 90401
Time: 7-8pm
Questions? 310.395.7368
Mark Verge and Brian Levy speaking on
Tax Credit
We would like to personally invite you to our Landlord Seminar for the month of January.
We’re presenting two additional outside guest speakers on “Tax Credit”.
Also, We will have speakers from the following departments:
Tenant Screening, Feature Rentals, Brokerage and Insurance. Landlords will be encouraged to ask questions, we’ll demonstrate and teach how to log into a landlord account and navigate the Landlord Main Menu page. Snacks will be provided and parking is free behind our office.
Also, We will have speakers from the following departments:
We hope to see you at our seminars!
Where: Westside Rentals Corporate Headquarters
1020 Wilshire Blvd. Santa Monica, CA 90401
Time: 7-8pm
Questions? 310.395.7368
WestsideRentals.com will offer Free Text messaging property details on all their 26,000 plus listings in their database. Be the first one to get instant text alerts via your cell phone!
Service will be offered after December 9, 2008
For further information 310.395.7368
WestsideRentals.com has been setting the market for rentals in Los Angeles for the last 10 years. This blog is the online home to hear about what's new, what's next, and anything else you could want to know about this LA institution. Check in often to stay up-to-date because we're always doing something new.