It’s been an extraordinary spring and summer with the real estate sales and rental market booming. Cost of homes continue to rise while rental rates are still creeping up slowly. For our investors it is becoming harder and harder to find homes that will cash flow and make great investments but there are still great deals nestled in the MLS’s. To find these deals it is important to have an agent that is quick to respond to new listings and ready to drop what they are doing and go see these homes. There are a few new home builders that will provide some great investment opportunities which include DR Horton. Vacancy rates are still staying very low depending on location and what the property has to offer. Some homes are renting in just hours but there are some cases where it is taking up to three weeks to find a qualified tenant.
For the owner occupant who is looking for a home to settle into, it is still very much a sellers-market with more home buyers than homes to be sold. This creates lots of competition between buyers and could drive the cost of the home up, even above asking price! Be sure to know your budget limits and what your goals are before you think about getting into a situation like this. You could end up over paying for the home and then find yourself upside down in your home. A great agent will keep you on track and make sure you are getting the best deal you can get in this competitive environment. Either way you can’t go wrong with the agents at Quartermaster Properties! We have a comprehensive view of the real estate market and can provide you with all the tools you need to make the best decision possible. We are exactly what you need!