Tuesday, June 28, 2016

HIGH RENT Rate and HOME OWNERSHIP

MORE American's Are Struggling To Pay Rent -The number of renters dedicating at least half of their income toward housing hit a record high of 11 million people in 2014 ***CLICK to READ Article***
Home ownership is becoming more affordable
While renters are paying more, affordability is improving for those who own their homes. The number of cost-burdened homeowners declined in 2014 for the fourth consecutive year, according to the report, thanks to low mortgage rates.

The good news is if you are a property owner and wanted to turn it into an income producing rental... NOW is the time!