Softened is a relative term, however.
Silicon Valley is still the hottest housing market in the country.
The local economy remains robust, job growth continues and housing construction lags far behind the demand. Even with the increased vacancies and an average apartment turnover rate of more than 50 percent, it is still difficult to find a vacant apartment. One of the biggest challenges is that there is no single centralized source for rental listings. I've previously suggested some tips to help renters stand out from other applicants and secure a rental. Today I will explore locating vacancies, and by inference, advertising opportunities for property owners with vacancies.