The housing market is stagnating right now and real estate brokers would have potential buyers believe that there is no better time than the present to buy a home. It is true, prices are down and mortgage rates are at all-time lows.
Unfortunately for the real estate brokers, many clients are not persuaded by that logic. Instead, in increasing numbers, they are choosing to rent instead of buy — unconvinced that the housing market has yet hit bottom. Would be buyers also understand that unless you plan to stay in your home for more than 10 years, buying a home may not be the right investment for everyone.
With apartments in Virginia, North Carolina, South Carolina, and Maryland that are conveniently located near downtown and offering apartment amenities that can’t be found in homes; renting is a great option for many. There is also a broad mix of tenants in the Virginia, North Carolina, South Carolina, and Maryland community: young single residents and families and empty-nesters that no longer have homeownership on their wish list.