Hurricane Sandy Updates
While it is too early to determine the impact of the storm on sales prices, the effects are being immediately felt in the rental market. The law of supply and demand dictates prices will rise due to increased demand from those displaced from their homes by the storm. Short term and corporate housing providers are experiencing acute shortages of inventory in and around areas most affected by Sandy. The extent of the increases and duration of the shortages is difficult to predict. Please contact Dwellworks for advice on specific locations and watch this space for further updates.