National & Local 2013 Predictions For The Rental Market


Very true, a good rental is hard to find right now. Better to buy than rent and call it your own. Don’t forget to contact me when you are ready to make a more or make an investment and I can help you find a Realtor for any destination. Call Kim Reynolds at 615-893-1130 office or 615-556-1511 direct. Visit my website http://www.KimReynolds.net for more information about the local real estate market in Nashville, TN.

wilmingtonlandlord

1354465380_horoscope-2013Five years after the housing crash, the national housing market is finally starting to show improvement. Housing prices are on the rise, more people, especially young people, are buying houses, and foreclosures are reducing in number. Not only is the market improving, the market is changing. For example, short-sales – selling a house for less than the mortgage to avoid foreclosure costs – are on the rise, leading to many new rental seekers.

The newly emerging strength of the economy and the resulting trends are good news in various ways for property managers, and could provide a robust 2013 for many landlords.

One of the main trends to expect in 2013 is a continued decline in vacancy rates, which should be good news to landlords everywhere. According to Walter Molony of the National Association of Realtors, “The apartment rental market – multifamily housing – single family residents – are projected to see…

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