Finding market cycle information? Philadelphia
Hey everyone,
Im wondering about the best sources for rent and occupancy rates? I know about the services Costar offers, but I'm wondering who or where typically has this information on hand locally? And also how far broken down is this information is in regards to submarkets in and/or around the metropolitan area and city proper?
I have done a brief search online to no avail. I could have been looking in the wrong place, but I like the idea of going and talking to someone in person anyway. Any information will help and I appreciate it.
Thanks,
James
Most Popular Reply
You can get some rent information from the MLS via a real estate agent, in addition to the above sources. Zillow and other sites will have some too of varying quality.
Municipal governments may have properties tagged as rentals or owner-occupied if they conduct regular inspections, but that is inconsistent in Pennsylvania. You could try calling your municipality's office to see what they could provide. You may need to file a FOIA request.
I don't know of any source for occupancy rates since leases begin and end according to whatever is written on the lease and that is not filed anywhere.
Jim.