Is now a good time to be a landlord? We get this question a lot.
Recent articles have reported compelling data regarding the rental market:
The Wall Street Journal reported “the homeownership rate is hovering around a five-decade low”, because people “no longer see owning a home as an essential part of the American dream.” People also realize “houses are not necessarily the best places to store wealth.” As a result, there is high rental demand.
According to CNBC, “more people are renting than at any other point in the past 50 years.” As more and more renters enter the market, rent prices will continue to rise.
So what does this all mean?
- It’s a great time to be a landlord
- Rent prices will increase
- More interested tenants
- Lower chance of a vacancy
We’re excited to share this news with you. If you have any questions, please contact us at (919) 306-5665 or visit our website at: http://www.RobertsRentals.net.