Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.) Units Leased: October 2013:  2581 September 2013:  2989 August 2013:  3639 July 2013:  3355 June 2013:  3224 May 2013:  3297 April 2013:  3100 March 2013:  3188 February 2013:  3141 January 2013:  2608 December 2012:  2289 November 2012:  2690 October 2012:  2913 September 2012:  2626 Average Monthly Rental Rates: October 2013:  $1319 September 2013:  $1292 August 2013:  $1222 July 2013:  $1564 June 2013:  $1383 May 201... 12/01/2013

Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here.  This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting.  More homes available for rent (higher supply) and less renters (lower demand.)  Units Leased: October 2009:  2015 September 2009:  1849 August 2009:  2011 July 2009:  2029 June 2009:  1853 May 2009:  1760 April 2009:  1677 March 2009:  1825 February 2009:  1702 January 2009:  1651 December 2008:  1390 November 2008:  1405 October 2008:  1707 September 2008:  1531  Average Monthly Rental Rates: October 2009:  $1264 September 2009:  $1477 August 2009:  $1255 July 2009:  $1405 June 2009:  $1299 May... 11/24/2009