Ronda Allen, Prosper Resident Realtor: Prosper Leases - The Year In Review 2009
By Ronda Allen
(RE/MAX Dallas Suburbs: Prosper, Texas)
In mid-year 2008, we began seeing a trend toward leasing of homes in Prosper that came on quick as the recession hit DFW. As I have been saying all year, the demand for residential leasing in Prosper in 2009 has been astronomical. I predicted a strong year of leasing, reminded the residents of Prosper throughout the year when we had greater demand than we had supply of leases, converted some homes for sale into homes for lease, and advised residents that this was no short-term trend. It will continue into 2010. Now that we're at year's end, we can and should look back to ensure that the prediction was correct: Current residential lease inventory (available homes in the MLS for North Texas in the Town of Prosper as of 12-08-09): 16 homes Price range: $1050/month to $11,000/month Ave...