We all know it; the housing market has been really hot all across the country. Because of the higher prices and the speed in which houses have been selling, if you’ve been looking to invest in rental homes in central Arkansas, then you’ve probably felt a bit out of luck. All the properties that are priced well and in good condition have sold quickly, and the rest, well they aren’t really worth the time and definitely not worth the money.
Who doesn’t love fall?
If you’ve been looking for that perfect rental home investment, then this fall may be just the right time for you. The housing market is only supposed to continue to increase, however, each fall there is a dip in the number of individuals buying and selling. The market essentially has a temporary cool down which allows you, as an investor, time to find the right property. Over the next year, the average home price in Arkansas is supposed to rise from 114k to 118k. The amount of equity gain the housing market has been incredibly rapid since it was at its lowest in 2012.
Long-term Investments
Purchasing a rental property this fall will not only make sure you get the lowest price over the next year, it’s also a strong long-term investment. Rental homes can be a fantastic long-term investment to help diversify a retirement portfolio or simply diversify your funds into a variety of places that can get your money working for you.
Don’t miss out on the opportunity to gain a solid investment by becoming an owner of a rental home. Let Real Property Management Central Arkansas help you find the right investment property and manage all the rental details for you! Call us for more information today.