First Rate Property Management logo
Facebook icon Twitter icon blog icon google plus icon youtube icon
Recommend this Blog to a friend!  Type in Recipient's email address:

Is renting Overtaking the Housing Market?

Below is a blog post from stating that single family rentals are developing faster than home purchases and apartment style living.  From our point of view, we tend to agree with much of what is stated in this article.  However, we do not believe that the Boise market fits the mold described in this article. 

We agree that the rental market has surged after the housing crash.  However we do not agree that this has been limited to only single family rentals.  Boise and the surrounding areas have been building thousands of apartments each year and their finishes are far superior over your typical starter home.  Perhaps it was the millennials that started this trend, but we've seen renters from all generations.  As we have posted over the years within our own blogs we not only saw the loss of confidence in homeownership but also saw professionals desire to rent due for the flexibility and the ease of using your smart phone to take care of any maintenance needs.

We are not seeing builders in the Boise area building single family homes with the sole intent to rent rather than sell.  We do agree that a higher percentage of rentals within a subdivision can have a negative effect, but since Boise and Meridian are building so many luxury apartments, we're not really seeing this affect within many subdivisions

Tony Drost, President, First Rate Property Management, Inc.

Tony Drost, Chairman
First Rate Property Management, Inc.
Boise, Idaho
Contact me for more information about the Investment Real Estate and Property Rental markets in Boise and Idaho.

Tony Drost
Boise Area Rental Market

  • Boise Area Rental Market
  • Property Management
  • Boise Area Real Estate
  • SEO & Property Management
  • Rental Property Maintenance
  • Boise Real Estate Market
  • Property Managment
  • Boise Area Real Estate Market
  • Taxes
  • Interest Rates
  • Boise and Idaho in the News
  • Deferred property maintenance
  • Charity
  • Fair Housing
  • 2019 First Quarter Vacancy Report
  • The Value of Employee Development
  • Blog and Vacancy Update
  • Metric Trends
  • Set and Stagger Leases
  • Melissa Sharone
  • Julie Tollifson
  • Tony Drost
  • Kristen Curtis
  • Arica Elordi
  • Jim Sharone
  • Lacey Hofman
  • Kurtis Tarbet
  • Arica
  • Tyler Selee
  • Tyler Brown
  • Tara Pecora
  • Marie Swanson
  • Lizz Loop