Market Update: Call for Affordable Rental Housing
If you’ve checked out real estate news recently then you are probably aware that President Obama recently gave a speech on the current housing market.
While speeches by the President on this matter are not unusual, his mention of providing rental housing did turn some heads. While President Obama recognized the need for making homeownership more easily attainable for qualified buyers now that the housing market is seeing a recovery, he also acknowledged the need to provide cost-effective opportunities for those individuals who need or prefer to rent their home.
With housing prices rising at the fastest rate in 7 years, low interest rates and the President requesting finanical support for development, now may be the perfect opportunity to buy an income property. Contact our property management professionals to learn how we can help you make that rental a success.
Tags: Market News