California-based
RealtyTrac, in its single family rental market report revealed that Fort Walton Beach real estate is among
the best markets in the country for acquiring residential rental properties in
2016. Meanwhile, The Scott Gregory Team, a real estate agent with local
knowledge in the Fort Walton Beach market as well as Pensacola real estate, has also reported that there is a high
demand for single market rental properties here.
According to Mr.
Gregory, his team receives several inquiries each week from buyers looking to
invest in rental properties here. "Our listings for Fort Walton Beach
close really fast and the surge in demand continues to increase every year.
"Although the
prices of properties in Fort Walton Beach are expensive, buyers do not see this
as a hindrance but rather, as an encouragement that the market is doing
well," he added.
Based on RealtyTrac's
report, other markets with very high demands for rental property investments
and are attracting lots of millennials include Richmond City, VA, Bell County,
TX, Jackson County, MI and Okaloosa County, FL where Fort Walton Beach is
located.
Experts have said
that the strong market in South Florida continues to provide investors with
solid returns, reaching an average of 8.4% for rentals with an average increase
of 4% per year.
Nancy Blaise recently
purchased a 4,400 square foot single family rental apartment in Fort Walton
Beach, with 5 bedrooms and 4 baths. The waterfront property is surrounded by
oak trees and a sloping lawn. “It took me 2 years to decide on buying property
here but I’ve no regrets. I’m currently talking to my agent about putting this
property for rent and I’m very excited about the prospects.”
About the Scott
Gregory Team
This real estate team
is led by Mr. Scott Gregory and they help home sellers and buyers get the best
deals in the Florida real estate market, including Fort Walton Beach and Gulf Breeze FL real estate. For more
information, please visit http://www.greatpensacola.com
No comments:
Post a Comment