SALT LAKE CITY–Real Property Management, the nation’s leading full-service property management organization, released its annual economic report for landlords, which analyzes market conditions expected to contribute to the health of the rental industry. The company predicts 2017 to be a bright year for single-family property investors, with key factors being rental and vacancy rates.
“Rental rate increases will outpace inflation in the coming year, while vacancy rates will remain stable,” said Bob Pifke, CMO of Property Management Business Solutions, LLC. “The market conditions that have made single-family home investments attractive in the past will continue in 2017, though it may be more challenging than before to find new rental properties. Foreclosure rates, housing price changes and mortgage rates will be important for those planning to buy or sell rental units.”
To read the full press release, please click on the following link: Real Property Management Announces Positive 2017 Forecast for Rental Property Investors
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