Real Property Management Lehigh Valley

Is now a good time to invest in rental properties?

According to the National Association of Realtors, 5 to 6 million new renter households will be created within the next 10 years. As seen in this infographic from propertymanager.com, we take a look at why most renters are opting not to buy a home and why it's currently a renter's market.

More Americans are renting than ever before. And nearly half of them have no plans to buy a home in the immediate future. While some, less than one third, cite their inability to obtain a mortgage many renters choose to rent because of the lifestyle it affords them. And with this steady increase in renters average rents are expected to rise by nearly 4.6% in the next year.

With this shift from home ownership to renting, now might be a good time to invest in rental properties. To find out how Real Property Management Lehigh Valley can help you get the best return on your real estate investment visit www.rpmlehighvalley.com.