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Salt Lake Single Family Homes An Investment
Salt Lake Single Family Homes As Investment
Ever thought of buying Salt Lake single family homes as an investment?
The Daily Dose had some articles last week that maybe you should read if you are wondering what to do now that the foreclosure market has dried up.
Here are articles that shed light on what could become a new investment alternative.
Brian Honea opines that location is one of the reasons it could be a good idea. Here is what he said
The location of most SFRs is another reason why policymakers should consider SFR as a viable affordable housing strategy, according to the report. Many SFR units are close to downtown, on bus lines or other transit routes, established suburbs, or overall more apt to be located in central cities than single-family owner-occupied homes (34 percent compared to 23 percent, according to American Housing Survey data).
Xhevrije West, an editor based in Dallas Texas talks about investors buying new construction homes to replace opportunity once afforded by the dwindling foreclosure market. Mr. West suggests that,
“That fruit—cheap foreclosures—offered investors a relatively low-risk play, because they could buy homes at well below the cost of replacement, and not only would they see rental revenue ... more
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