Fine Homes By Rita Lopes

Thinking of selling??? This is the perfect time! LOW inventory and a surplus of buyers equates to a fast sale at top dollar!!

Are you thinking of purchasing a rental property as an investment??
You will find this article very interesting...........

Rental landlords may have to brace for impact.
The pressure will come during the second half of this year and into the next as more rental supply hits the market, reaching the highest level since the 1980s, according to RealPage.
“We're going to deliver more supply than what we can realistically absorb,” Carl Whitaker, director of research and analysis at RealPage told Yahoo Finance.
Rent prices have fallen the most in three years in May as the number of rentals grows, tipping the rental market scale in favor of tenants. The median asking rent dropped to $1,995 in May, down 0.6% from a year ago, Redfin reported, the steepest annual decrease since March 2020.
Redfin noted the amount of completed units available grew 24.2% in April from a year ago. Separately, RealPage found that more than 500,000 are scheduled to be finished in the next two years. Most of those new buildings are mainly Class A apartments, Whitaker said.
“We're delivering all this new housing, which means more options for renters,”Whitaker added."The challenge, though, is that the new supply that delivers just inherently tends to be at the very top of the price spectrum.”