Tuesday, November 28, 2006
Rental Home Buyers Benefiting from Residential Slump
Though investment real estate still is strong, the residential housing market slump is having an affect on the sale of investment rental homes. Though income properties typically are all about numbers, the emotion that is tied to residential housing is spilling over. Its very rather unusual situation, since the formulas haven't changed. With buyers sometimes getting sellers of rental housing to accept less on the deal, new investors in Ohio and around the nation are finding themselves in even better positions. Multi-family housing remains strong with very few properties coming available, and far less inventory available that the market is demanding.
Posted by Brent Greer at 3:31 PM