Rental market tightens

Southern Oregon Rental Owners Association reported a 7.6 percent vacancy rate in April, down from 8.06 reported in March by the group.

SOROA reported 371 vacancies out of 4,865 surveyed units in Jackson and Josephine counties.

The April 2008 vacancy rate was 5.99 percent, and the rate was 5.6 percent in 2007. The low point over the past five Aprils was 3.12 percent in 2005.

SOROA will next meet at 6:30 p.m. June 23 at Kids Unlimited, 821 N. Riverside Ave, Medford. Reservations must be received by June 18.

John Patterson of the Medford Fire Department will discuss smoke alarms, detectors and fire extinguishers.

For information, call 541-842-7676.

— Greg Stiles

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