Atlanta Executive Rental Homes

are in high demand

Something of a golden era

and homeowners are deferring to an Atlanta Professional Property Management Company to secure a quality tenant. That's because renting -particularly at the high end-has become an attractive option for families who may have otherwise felt pressure to purchase a new home.  They now have a viable option to rent a comparable home, while maintaining their lifestyle and becoming familiar with the area without a long term commitment.  That limited sense of urgency to purchase a home coupled with uncertainty of the U.S economy has presented a new type of tenant.  A homeowner-tenant.  A would-be buyer. A baby boomer moving out of homeownership. A quality tenant.

On the other side of the equation, we have homeowners that purchased their property at the height of the market and are holding them, waiting for prices to rebound. In the meantime, they are renting those properties out. That scenario combined with a rapidly growing metropolitan area (anticipating a 43% population growth in the next decade), economic growth + below average cost of living along with a strong job market and a steady influx of new residents continues to drive market rents soaring across the Atlanta market. 

Tuesday, The Census Bureau reported that U.S homeownership rate was 63.4% in the second quarter, down from 63.7 percent in

previous three months, the lowest reading since 1967. While the national rental vacancy rate fell 7.5% in past 12 months.