All we do is manage rental homes. Our success comes by the success of our landlords, and our reputation among the community, and we take pride in our role. We try to manage fairly for all parties, give a great innovative effort, and provide an exceptional experience for what in our line of work can often be tough situations.
Helpful tips for an easy relocation
View our collection of favorite relocation advice from various sources such as Zillow, Hotpads, Trulia & many more! We know what renters could use some help with, and have compiled a list of dozens of articles that we have found over many years to be most helpful.
Imagine, Property Management so Passionate, You’ll Swear it’s Our Home…
We’ve helped hundreds of home owners navigate the sales downturn by assisting with converting their unwanted homes to wonderful investment real estate assets. We can help you too!
Charlotte NC Rentals
Need to rent a home in the Charlotte metro areas? We have a large selection of Queen City Metro area rental homes, condos, & townhomes. Easily search on a Google map!
Tenant Account Management
Did you know you can pay rent online for free? You can also set up rent reminders, or even better auto draft. Also manage maintenance most effectively from your tenant portal.
State of the Housing Market – Summer 2017, a Rental Investors Perspective
Successful real estate investing requires that we stay on top of the housing market. We need to know the state of the housing market – where prices are heading; what neighborhoods are in demand; where to put our investment dollars. These facts, and more, help investors choose properties that have the greatest potential to create strong cash flows and above average appreciation.
CoreLogic puts out a monthly Home Price Insights report that gauges what is happening in the housing market. In addition, based on their 40 years of experience, algorithms, and data, they have a great track record of being able to forecast where the market is heading.
So, would you like to know the current state of the housing market? Do you want to know what to expect next year? Here is what we found out.
Home Prices are Beating Inflation
National home prices are rising three times as fast as inflation. Based on the Bureau of Labor Statistics, inflation is running at about 2.1 percent. According to the CoreLogic report, home prices have increased year-over-year (May 2016 – May 2017) by 6.6 percent. This data factors in distressed sales. Most investors anticipate that their investments should appreciate 5 percent per year. The national market is beating that 32 percent!
How about North Carolina home prices? While we did not hit such high growth, the year-over-year increase was 5.5 percent which is still solid and stable.
Forecasted Home Prices
The problem here is that we do not want to find ourselves chasing historical data. We need to know where the market will be heading next year. CoreLogic has forecasted that national home prices will rise 5.3 percent from May 2017 to May 2018. This decrease can be anticipated since mortgage rates are on a slow rise.
How about North Carolina’s forecasted home prices? CoreLogic estimates that we should see an increase of around 4.2 percent for next year.
Rental Market Inflation
“The market remained robust with home sales and prices continuing to increase steadily in May. While the market is consistently generating home price growth, sales activity is being hindered by a lack of inventory across many markets. This tight inventory is also impacting the rental market where overall single-family rent inflation was 3.1 percent on a year-over-year basis in May of this year compared with May of last year. Rents in the affordable single-family rental segment (defined as properties with rents less than 75 percent of the regional median rent) increased 4.7 percent over the same time, well above the pace of overall inflation.” Frank Nothaft, Chief Economist as CoreLogic.
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