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Booming Rental Market Encourages Investors To Buy Property In Atlanta, USA - By: Richrdstarr1

In recent months, the amount of investors interested in Atlanta property has risen due to the city's increasing rental market.

With the average age of a first-time-buyers rising to 32 partly due to large mortgage deposits making buying a home unobtainable for most, the rental market is growing with many younger families and professionals seeking long-term lets.

The Marcus Millichap Q4 2011 Market Research Report for Atlanta stated, the vacancy rate for all properties was 8.6% In the fourth quarter, which equates to a decrease of 20 basis points from midyear.

With the amount of available rental properties decreased, the competition for rentals is as strong as ever. This has been shown with the increase of asking rents which Marcus &Millichap predict to increase in 2012 to 2.3% Per month, while effec¬tive rents will increase to 2.7% Per month.

What's more, a recent report conducted by Standard & Poor's Case-Shiller Home Price Indices, stated that Atlanta houses had their biggest price drop since 2000 in August-September 2011, meaning investors can acquire %LINK1% at below their true market value.

Due to the high demand in the rental market, investors are looking for Atlanta property for sale as buy-to-let investments because of the anticipated high rental returns and, when the USA property market recovers, strong capital appreciation prospects.

To help investors Atlanta property, Experience International, a leading UK / London based overseas property investment company, are providing access to 50% finance on all houses, enabling investors to secure a newly refurbished, ready-to-lease property in the Atlanta and benefit from the financial rewards with a lower initial cash outlay.

Experience International aim to offer both international and national buyers with a hassle-free investment, all of the company's properties including some foreclosed homes in Atlantaare carefully chosen and are situated in affluent areas, to make sure that investors get the best possible chance for successful investments.

About the Author

Contact Experience International on 0207 321 5858 or email info@experience-international.co.uk for more information about Atlanta property for sale and foreclosed homes in Atlanta.

Article Directory Source: http://www.articlerich.com/profile/Richrdstarr1/233376




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