Personally, my opinion is 1% appreciation is not even discernible, it’s just the difference between you negotiating and me negotiating.

Not surprisingly, there are equally a lot of people who can discern the noise and go after what they want and understand that nothing is free in life.

Tenants that are less discerning about where they live do not make ideal tenants.

I do just as Chris Sweeney stated (I hope I got the correct Chris, since I have a local BP colleague with the same name, and those tiny avatar pictures that come up in the mention selector aren't so easy to discern for me).

Even reading the notes from the comps, there doesn't seem to be much discernable difference b/w a 440k and a 530k.

You should be getting out to properties early, your agent should have conversations with the agents to discern what the interest is, you should be discussing other tools to use to get noticed in competitive situations.I get not wanting to overpay, but paying over asking price is not always overpaying.

I would say the largest factor in neighborhood class is median household income but all the DISCERN factors play into it.

Buyers at higher price points have more choices and are more discerning.

Or is it your place, is it just too downscale for the rent you are asking for it.What if the rent was $250 a month--would they still flee the area, or would they sign on the dotted like.If it's not price or product, then maybe you are attracting the wrong prospects to the place.People who eat too high on the hog---birds of a feather--sort of thing.As a New England financial consultant I'm assuming you are pretty far removed from the possible renters in this area.If the area is really tough, can you read gang graffiti and discern it from tagging?

But, in some cases it can be harder to discern what the "market" is paying more for.