Strong Outlook for Housing Demand

“Strong housing demand combined with continued tight supply should boost house prices by over 4 percent this year,” according to the economists at Freddie Mac. Eventually, home builders will start to increase the supply of single-family homes overall. But for now supply is expected to remain on the tight side.

“Home sales are on track for the best year since 2007,” say the economists at Freddie Mac. “We expect the economy to post a stronger second half, especially in the housing sector.”

That will continue to support home price appreciation for investors in single-family homes. At the same time, a strengthening economy will support demand for single-family rental housing.

“Landlords will have the ability to keep pushing rental rates over the next four years while realizing steady appreciation on their underlying asset [the house],” according to Burns.                                                                                                      Copyright © 2015 Penton Media, Bendix Anderson

Let us assist you finding that perfect investment property by calling today!

Kathy & Tony Perna