2016 Postmortem
In reply to the discussion: I attended a very conservative oriented business meeting this morning. [View all]SouthernProgressive
(1,810 posts)It's been a solid year for sales in my area. Rents are also dramatically increasing in my area which is helping those who aren't ready to sell yet. I'm talking residential homes. At the same time I have a number of new home investors jumping into the game. The only negative aspect we are witnessing is one of the biggest reasons most of us are fighting for Clinton. Applicants to our smaller units are still in the same place they were eight years ago, for the most part. Give me a 950 sq ft home and I will have a pile of applications, most no good. I will find a quality applicant for a 2500 sq ft home in a day or two. Those at the bottom have really been hurt in my area. I'm sure that is the case across most of the country.
That said, it has always been difficult for those at the lower economic end in my area. We are dominated by the service industry.