The Best Time of the Year to Rent

Posted on October 16, 2013 by gottarunrunrun

It’s easy to overlook the importance of the seasons when you’re searching for a new apartment. Could a couple of months really make that much of a difference? While it’s always a great time to start renting in Arcadia Run, here are a few of the pros and cons that come with finding an apartment throughout the different seasons:

Fall

Our current season might very well be the best season to move into a new apartment – and we’re not just saying that! Many landlords experience a lull in activity during the fall, which means that you (the renter) will have a larger selection when looking for a new apartment. Arcadia Run offers many different types of floor plans, so no matter what you’re looking for, you’ll be able to find it here!

Winter

Believe it or not, winter has its advantages for renters. While it may be a little chilly trying to move your belongings to a new room, moving in the winter means there will be less competition. Because of the weather, people are not going to be moving as much, nor will they be looking for new apartments to rent. You have a higher chance of finding the perfect room you love, without being rushed.

Spring

So you’ve survived the colder months! The spring can be a very exciting time to look for a new place to live. Temperatures are warming up and many tenants are leaving their apartments to move back home. This is only the beginning of the apartment housing frenzy, renters should move quickly to find the perfect place.

Summer

The months between May and September mark some of the busiest in the apartment industry. Students are leaving their school digs and the accommodating weather makes moving a breeze. Depending on your region, you could have a wider selection of apartments to chose from as people move out. At the same time, there might be a greater demand for apartments because of the recent grads moving into the cities. With so many local schools in the Manassas area, we plan to have another busy summer in 2014!

Any time of the year is the best time to move into an Arcadia Run apartment! Our apartments are some of the best in the market for their quality, size, and amenities. In the next year, our community will continue to grow with a new swimming pool, clubhouse, and fitness center. it won’t take long for these luxury apartments to fill up!

Demand for Apartments Grow

Posted on October 8, 2013 by gottarunrunrun

The demand for apartments is at a new high, pushing national vacancy rates way down. This is great news for residents in Arcadia Run, who can now boast the high value of their new apartment!

Despite the improvements in the housing market, the rental market is still booming. Only four percent of U.S. apartments were vacant in the second quarter of 2013. “The simple fact that vacancy continues to compress despite such low vacancy rates speaks volumes about the ongoing demand for apartments. The national vacancy rate now stands 380 basis points below the cyclical peak of eight percent observed right after the recession,” says Ryan Severino, senior economist at Reis, a company that provides current information on commercial real estate.

The average rent may be rising because of the decrease in vacancies, but it’s still extremely affordable compared to buying a house. Like we mentioned in our last post, home prices in Manassas are on the rise, showing that our area is increasing in value and demand. What better way to live in a sought-after region while still saving your money? Arcadia Run is the best choice for young professionals who want to get the best bang for their buck.

AOL Real Estate says renting an apartment is the ideal choice for young Americans. Apartment markets are thriving the most near college and university communities, much like Manassas. Being so close to several colleges, Washington D.C., Jiffy Lube Live, and an abundance of bars and restaurants, it’s clear why this region is so popular among renters with active lifestyles.

As we’ve seen in the past, the housing market can be very unpredictable. Renting is a great option for those who want security and don’t want to deal with the stresses of homeownership. Arcadia Run apartments are also of higher quality than many of the homes sold in our area. With up-to-date features that are above the standard of most new homes, and a dynamic community for residents, our apartments have proven to be the hottest new place to live.

At Arcadia Run, it’s easy to see why these apartments are in such high demand. They’re newly built, come with the best features, and have gained a following of fun and lively residents. As the demand for luxury apartments continue to rise, you can bet Arcadia Run will fill up quickly!

Source: AOL Real Estate