In the newest round of quantitative easing, the Federal Reserve bank has elected to spend billions of dollars more on mortgage-backed securities purchases.
This development may could lead many real estate and rental property industry professionals to wonder if more investors will set their sights on housing, according to HousingWire.
Several investors have already shown interest in becoming part of the multifamily rental and leasing market due to its recent booming strength. With mortgages made simpler and interest rates lower, it will be easier for landlords to purchase single-family properties to rent as well, the source reports.
Many parts of the country are experiencing the lowest vacancy rates since before the 2008 housing crash, so landlords will most likely not have to worry about receiving enough rental applications.
In addition to professionals snatching up low-cost properties, many consumers are also turning to real estate retail investment, according to Inman News. With the federal mortgage support, now is the perfect time for investors to purchase, renovate and flip houses for a profit.