The Growing Multifamliy Housing Sector

In the US Housing market these days, the ideal house for most families are rented ones - and with the numbers of those families renting out are increasing and soared to a new level until the last quarter of last year 2011. This was the highest since the last recorded survey in 2010, were 749,000 homeowners were recorded. About 91,000 home properties were recorded to be occupied by homeowners. This, in turn, may also affect other individuals getting their realtor licenses through different online training courses.

The US Commerce Department sent out data showing the percentage of ALL US privately owned houses that were not vacated until it plummeted to its lowest value since year 2006 - resulting into a large volume of houses being occupied for rental purposes created by the homeowners of such properties who move or relocate in other places. But on the other side of the story, the Multifamliy housing sector is seeing some positive sign for the housing market. Being a lone star, its overall performance during the past few years were quite seen to be a good recovery stage.

With foreclosure waves coming like a tsunami for the market, property ownership in the US seems to continue - getting even lower percentage of US home occupation for last year. With the growing demand for rental properties and houses, it is somewhat constricting the housing supply. In this situation, professionals expect the trend to continue until home buyers gain more confidence.Another Good Sign in the Housing Market: Growing Multifamily Housing Sector