Tuesday, December 29, 2015
Home prices soar rentals come down
While home prices keep going up or are driven up, the rentals mainly basement apartments have stabilized and come down in price. They are still not were they should be but landlords are asking less than 6 months ago. Open a Massa Umatan there are over 200 available units for rent. A few factors contribute to the prices coming down just a bit mainly when there is construction and new developments go up lots of units become available at once making it competitive. People moving out of basements into homes, or some relocating to section 8 approved housing nearby.