Recent changes in lifestyle living scenarios in the US as more folks choose to rent rather than own a home has caused an unprecidented opportunity for investors as evidenced by a recent quote from Moody’s Analytics
“Rental vacancy rates are heading down and rents are rising as weak income gains, favorable demographics, and the foreclosure crisis turn homeowners into renters and keep renters from becoming homeowners.”
“Households are turning to renting, as evidenced by the Census Bureau’s quarterly Housing Vacancy Survey, which shows an eight-year rise in both the number of renter households and the rate at which households are renting homes.”
We have been successfully helping savvy investors navigate the Hilton Head – Bluffton area investment market since 1995. Contact us today if we can help you.