Rental Market will Remain Profitable

After dropping year-over-year in 2008 and 2009, HousingWire says multifamily rentals have been rising since 2010, “leading the housing recovery in duration and strength,” according to the CoreLogic Home Price Index’s Dec. report. The property analytics firm states, in the wake of the housing market crash, residential investment is contributing to economic growth, and demand in the residential rental sector will continue to rise in the face of weak job and income growth. As MHProNews has learned, this will likely contribute to tightness in the single-family rental market.

(Photo credit: Homes-for-Rent)


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