A Positive Sign in the Housing Market – Buying a Home In Ventura, CA

by Gary and Lisa Schoeffler on April 6, 2011

in How's the Real Estate Market?

It’s not usually welcome news when the landlord hikes your rent. But for the housing market, rising rents may be one of the most hopeful signs in years.

The markets for rented and purchased homes usually move in opposite directions. When the housing market is hot and more people are buying homes, rents tend to stay low or go down, because there are fewer renters. But when high interest rates or other factors cool the housing market, more people rent. Since it takes awhile for builders to add more units, the supply-demand mismatch drives rents up.

This was a great article, not only does it hold out some positive information but it does a good job of explaining current market indicators, which are not what they used to be since the housing market has undergone such a dramatic upheaval. The Ventura, CA market seems to be trending the same way with increased rents.

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Post by Gary and Lisa Schoeffler

Gary and Lisa Schoeffler are Ventura Real Estate Professionals specializing in residential real estate. Their expertise in helping both buyers and sellers is widely recognized in Ventura County. How can they assist you today? Wondering what the market is like? Call them, they will be happy to talk with you about it. 805-320-4472

Gary and Lisa has written 372 articles.

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