DO we advertise on Zillow Rentals?
Rents are appreciating but more slowly
Up 7% Nationally since 2015
Atlanta about 3.9%
Full Webinar here
More supply is coming online as building being done
Homeownership rate historic lows and expected to stay low – more people renting! But Household formation rising – older millenials are bunking with parents – Most new households are renters (delaying marriage and having babies) and competitiveness in home buyers market! Low supply/inventory/ prices rising.
New homes are too expensive for renters (lots cost more) – government regulation
3 house lots –subdivision retention ponds etc) Cost of sewer hookup here is between $20K and $60 in Milton
in Atlanta 1985 to 2000 20% of income spent on rent
Rentout versus Sell
Home appreciation or sell and invest in some other appreciable asset