Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.) Units Leased: June 2012:  3007 May 2012:  2880 April 2012:  2590 March 2012:  3031 February 2012:  2835 January 2012:  2471 December 2011:  2114 November 2011:  2290 October 2011:  2399 September 2011: 2535 August 2011: 2750 July 2011: 2396 June 2011: 2485 May 2011: 2376 April 2011: 2342 Average Monthly Rental Rates: June 2012:  $1222 May 2012:  $1235 April 2012:  $1299 March 2012:  $1621 February 2012:  $1347 January 2... 08/24/2012