Rental homes in St. Augustine are becoming tougher to come by. Apparently this is the case across the country. The US home vacancy rate, a measure of the share of properties empty and for sale, fell to 2.6 percent in the first quarter as foreclosures slowed amid a lender backlog in processing paperwork.
However there are still many opportunities to purchase Foreclosures in St. Augustine as well as Short Sales in St. Augustine. We need more investors to purchase these properties to increase the rental inventory in St. Augustine.
Comments(0)