Middle Georgia Housing Market Best for Renters

If you’re thinking about selling your home, you might want to consider renting it instead.

“We do have a lot of landlords who are renting their properties because they can’t sell them for what they owe on them,” says Anna Rogers, Rivoli Realty.

Homeowners are temporarily knocking down ‘For Sale’ signs and moving to the renters market.

“My whole plan is to keep the house rented for a couple of years, and then try to sell it again when the economy is a little bit better,” says Sheila Heath.

Renting can even give landlords extra income, but they say they’re taking a big risk.

“I’ve already got equity in that house, and I want to make sure I can get that equity back out. So again, finding the right person to take care of that house is a big deal,” says Heath.

“I could have done it a little sooner, but I kind of waited to the right folks, says Karol Barnes.

For renters the market is a little tougher, but in Middle Georgia people are not trying to drive up the prices.

Categories: Local News

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