We are living in unprecedented times, on which we can all agree. But with these tough times comes good news: Now is a great time to relocate. If moving to a new home or apartment isn’t on your priority list, we’ll give you 5 reasons why it should be. Here are the top 5 reasons why you should move now.
1. Lock-In at an advantageous price
The pandemic has brought rental prices down to historic highs, meaning you can find great deals on apartments in places you might not have considered before. For example, prices in San Francisco have fallen more than 7% since the first door-to-door orders took effect. In places like Laredo, Texas, that number is a whopping 15%. These prices occur during, what has always been, the peak rental season. Get a great price now and you’ll enjoy the low prices until the end of your rental.
2. High vacancies = more bargaining power
With tenants moving out of major cities, breaking leases and moving in with their families to wait for the coronavirus, some properties are facing high vacancy rates. What does this mean to you? With more vacancies, landlords and property managers may be more likely to negotiate a rent price that’s right for you. They would rather have someone in their rental as opposed to anyone, even if it means lowering their prices. Negotiate your rent with our easy to use sample letter and get the best price for your new home.
3. Special move-in offers
Now is the time to browse the apartment listings for special move-in offers. Properties that face a high number of moves and broken leases may struggle to attract new tenants. Providing special move-in offers is a great way to encourage tenants to sign a lease now. For you, that could mean you get the first month’s rent for free or maybe a savings spread over the year. Whichever way you slice it up, you’ll save money if you sign a lease on a place with special move-in offers.
4. Enjoy the city life
The tenants, mostly young professionals, fled the cities for the suburbs. Now is the perfect time to relocate to a city you wanted to explore. While many move out of the concrete jungle for the more spacious suburbs, the townspeople who have stuck around happily take advantage of the less traveled streets. Join them and get to know your new city while it is still (relatively) empty. Getting around during a pandemic can be intimidating, but there are a lot of things you can do to make sure it is safe to move around your new city.
5. Everything is on sale
If you’re still wondering if it’s time to move, moving could seal the deal. From new mattresses to TV consoles, just about everything Under the Sun is on sale (thanks to a struggling economy). All that money you save by not going out to dinner, traveling, or buying expensive clothes can help make you feel right at home.
Ready to take the plunge and move to a new city? Search thousands of apartments on Zumper and find the place that’s right for you.