State of the rental market - Milwaukee

[Marcus Auerbach]

I start to pay a lot more attention to seasonality of the rental demand and I am wondering what the Milwaukee BP comunity is seeing. Looking back this year typically I always had one single family house for rent, either because we just finished rehab or because someone is moving. Most of my advertising is on craigslist and I started seeing demand go up quite a bit in spring, typically I would get about one email a day. Not much of a surpirse demand kept going up as days got longer and in June/July I was seeing sometimes 5 emails a day and had a home rented within a week. I ended up renting a house that we just started demolition on - talk about a hot market. Now here we are in September and things are slowing down fast -  I am down to 3 emails a week. What are you guys seeing?