The Southern Maryland Rental Property Market has heated up since the starting of the COVID19 process.
March 16, 2020 to April 22, 2020
RPM GOLD has rented 25 of our of 29 Homes Listed
RPM GOLD Occupancy Rate has increased from 91% to 96.5%
RPM GOLD Average Days on Market decrease from 26 days to 12 Days on Market
Avg Renter Credit Score has Increased 80 Points.
Southern Maryland the majority of the renter base has stable employment in government and military fields. RPM Gold has only seen a 2% increase in delinquent accounts as a result of the pandemic in April 2020.
We are seeing buyers pulling out of the market and coming over to the Rental Side. We currently have more potential renters than houses available. This will cause rental rates to increase. NOW IS THE TIME TO RENT.
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First published by Real Property Management Gold on April 23, 2020. Details may have changed since then; current rules are in the Landlord Center.
