Over the month of August there were a total of 8 more properties added to our total island inventory bringing the number of active listings on the market to 597. Sale activity has been steady, but we would like to see an increase in the number of transactions, a decrease in total inventory, to be more in line with a healthier market. Typically we see an uptick in inventory levels soon after the Labor Day Weekend. I will continue to monitor inventory levels.
It was a successful rental season. Business was up nearly 10 percent from a year ago. Thanks to all Owners for the opportunity to help rent your homes and to Tenants for your business. The shift to Fall rentals is upon us, if you are looking for a getaway please contact me. Start your searches now on www.RyanVince.com or call me direct at 609.602.0025. You can also email me at Ryan@RyanVince.com for a full list of possible rentals.
Owners: 2012 Rental Authorization forms will be coming to you shortly. Please make any necessary changes, sign, and send back in so we can start marketing your properties. Thanks in Advance.