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Benefit from the Increase in Renters!

In Freddie Mac's 2011 Economic Outlook they reported an increase in households across the country that are choosing to rent rather than own. This article in Housing Wire talks about how the rise in rentals is positive for the Multi Family market. "In the year ending June 2011, the Census Bureau reported a net increase of 1.4 million households that moved into rental housing, a 4% rise in the number of tenant households." With this increase in households moving into rentals and the low vacancy rate in Chittenden County, now may be a great time to purchase an investment property. While many people immediately think about Multi Family properties when they hear about rentals, single family homes and condos can also be a great investments. Contact Us today to talk about some of the advantages of owning an investment property and capitalize on the increased demand for rental housing.