Avatar's Blog

» Residential real estate glut plagues some markets

Posted on 5/31/2005

With the continuing increase in the purchase of rental properties in some communities in the US, the result is a flooding of rental properties. Buyers, flush with cash, are purchasing properties at a record rate, increasing the prices of these properties while simultaneously increasing the availability and driving rental rates down. This divergence cannot last long.

 

When investing in residential real estate, consider whether your market is showing a glut of residential rental properties

.

Posted in Miscellaneous