Housing Information Local realtors answer questions about housing and the impact of COVID-19.

Realtor Melissa Hennis from Howard Hanna

Do you still see leases for next year being signed on a typical timeline, or might more properties be signed for later in the spring/summer?   ​

MH: "We have signed a lot of leases already and seem to have a steady flow of people right now trying to sign up. We are doing video tours and photos rather than in-person showings. We have a good supply coming up, but there is a limited supply of properties in downtown Lexington. We have quite a few townhouses coming available 6/1, 7/1, 8/1."

Have recent situations altered rent prices at all?

MH: ​"Not really. Supply and demand determine prices. We have older homes that are smallish 2-3 BR units for $850 and then 2 BR 2 BA townhouses for $1000-1200 a month. We will also have a 4 BR 2 BA unit at white street for $1050."

What advice do you have for those seeking apartments from afar, who cannot travel to Lexington at this time?

MH: "I recommend that they call and ask for either a video tour or photos. We can also show them the neighborhood and area with Facetime."

How can renters best get in contact with you and/or view your inventory of rentals?

MH: "Our website is howardhannarentals.com they can also call our office 540-319-6140 or my direct number 540-784-0329We do offer online applications, online payments, 24/7 maintenance request line."

Are you working on any new virtual resources to help renters at this time?   ​

MH: "We are working on getting video tours from the current tenants. We also will do Facetime if the property is empty."

Realtor Heather Hamilton from H and K Properties

Do you see leases for next year being signed on a typical timeline, or might more properties be signed for later in the spring/summer? 

HH: "I'm still singing leases, I'm still doing virtual tours, I'm happy to talk to any of the law students. My guess is that some folks are going to wait and see what's available later in the spring, so I'm anticipating June being busy, because I'm going to have to do all of April and May showings in about two weeks."

Have recent situations altered rent prices at all?

HH: "They are the same as they always are, right now at least."

What advice do you have for those seeking apartments from afar, who cannot travel to Lexington at this time?

HH: "I would suggest going to the website, looking at pictures of available properties, emailing me or giving me a callsetting up a video tour of vacant properties if possible. Some current tenants aren't comfortable having others in their apartment right now, so video tours of occupied rentals are available on a case-by case basis."

How can renters best get in contact with you and/or view your inventory of rentals?

HH: Browse properties on the website and email Heather Hamilton at  heather@handkproperties.com to arrange a phone call. Interested renters can also put in call to the H and K office, (540)570-9998, and all messages will be forwarded to Heather's cell phone, since the in person office is currently closed.  

"I'm working from home, I'm trying to get back to everyone as quickly as I can, but it might take a little bit of time for me to get back to them. If [law students] email first we can arrange our days to figure out a time to call. We can discuss 'must-haves' such as washer/dryers and dishwashers, versus "wish lists," and I can try to match them with a property."

Are you working on any new virtual resources to help renters at this time?

HH:  Facetime and video tours are available on a case-by-case basis. 

Realtor Jeff Mason from Colonna & Associates

Do you see leases for next year being signed on a typical timeline, or might more properties be signed for later in the spring/summer?

JM: "Right now I really don't see a defined answer to that as far as the cycle. Right now the interest for law rentals for new incoming has been kind of low. I've only had two inquires so far. That was two weeks ago, before the school shut down.  So I'm guessing the leases are going be signed closer to the late spring or early summer because of the situation. Incoming students don't want to come into town now." 

Have recent situations altered rent prices at all?

JM: "I don't believe so."

What advice do you have for those seeking apartments from afar, who cannot travel to Lexington at this time?

JM: "Ride it out for the time being-check back the first of May to see if the town has opened up any by then."

How can renters best get in contact with you and/or view your inventory of rentals?

JM: "My email address: jeff@colonaassociates.com"

Are you working on any new virtual resources to help renters at this time?

JM: "Not at the moment."

Realtor David Stull from Sterling Properties

Do you still see leases for next year being signed on a typical timeline, or might more properties be signed for later in the spring/summer?

DS: "We are still leasing properties on a regular basis for the coming year.  Actually we are very busy even with the virus situation.  We have had a few inquiries about rentals with decisions being held off for a few months.  We have also gotten inquires to see if we have any plans in place if W&L does not open.  We have decided to continue signing leases and if W&L doesn't open on time to hold off rent until you do open."

Have recent situations altered rent prices at all?

DS: "Rent prices have stayed the same." 

What advice do you have for those seeking apartments from afar, who cannot travel to Lexington at this time?

DS: "We do have virtual tours on our website which seems to be working well."

How can renters best get in contact with you and/or view your inventory of rentals?

DS: "The best way to check our rentals available is through our website:  sterlingpropertiesandmanagement.com David Stull (540)460-1111."

Are you working on any new virtual resources to help renters at this time?

DS: "We are using virtual tours on our website."