A persistently strong economy, backed by a strong economic forecast, low unemployment, burgeoning Millennial buyers, years of limited construction, combined with pandemic conditions continue to drive home values and housing demand well above historic highs.
At some point, every real estate investor will ask themselves if they need to hire a property manager. Many landlords manage their properties on their own–or with the help of an assistant, such as a resident manager.
The Fair Housing Act (FHA) of 1968 is a federal law that was passed by congress in a effort to put an end to widespread housing discrimination in the United States.
Very few property owners and managers would intentionally discriminate against a prospective tenant based on their race, color, religion, sex, familial status, or national origin.
We predict growth in rents will continue through 2022 though not at the same rate as 2020-2021. However, the ongoing lack of affordable rentals and housing will spur rental demand.