Indicators for the local rental market remain mixed. The chart shows we are doing much better than in 2003 and 2004. It is still very much a renters market. We are getting an increasing number of calls for our available rentals. We are also seeing increased rents in some areas. This bodes well for the peak season.
In statewide news our governor is still in the landlord's corner. He recently vetoed a bill that would have reduced the time to refund security deposits. So far, we still have up to 60 days.