Real Estate Rental Prices Rising
by: Michael Creditfirm.
The following graph shows the LPS home price index measured against the CPI owner’s equivalent rent index. You can see the extreme separation during the madness of the bubble years. We are now back to the stage we were at in 1995 – 1998 when rent was at a higher point than home prices. This chart shows that we are much closer to the bottom of the housing market than the top. Once home prices experience their final push downward they will provide an extremely attractive investment opportunity for those that have the ability to manage single family homes. If your credit score is stopping you from buying a home, call 800-750-1416. Credit Firm.net has helped thousands of clients improve their credit and qualify for a mortgage. Call us today and be one step closer to getting your home.