As the real estate market recovers in the wake of the recession, there are many new opportunities available for investors with some unique advantages. The demand for rental properties is at a nearly 20 year high, so if you’re considering investing in a rental here are a few added benefits to keep in mind.
Owning your own home used to be a centerpiece of the American dream, but is that still the case? Demographics are changing in the real estate market. The recession has displaced millions of homeowners and scared an entire generation of young buyers out of the market. At least for now.
Homeownership in the U.S. hit a nearly 18-year low in the second quarter of 2013, according to the Department of Commerce. Homeownership rates declined to 65.1 percent, the lowest level since 1995.