Housing Market Bottoming Out? Renting Market Accelerating

Housing Market Bottoming Out? Renting Market Accelerating

Are we really poised for a recovery in the housing market? The latest encouraging words from the U.S. Conference Board’s Demand Institute Division are that we are heading for a rapidly accelerating rental market which will lead to a housing recovery.

While the American dream of homeownership is still an unending quest, the size of home that people are buying will be smaller and many will rent for a good while before they can afford that dream home.

According to the report, there are indications from industry data that the market is “bottoming out” but the great shift in real estate is the push toward the rental market which is helping fuel the recovery.

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