Older Homes Call for Rehabbing which is Good for Real Estate Investors

Rehab - ReCasa Financial GroupAccording to the Department of Housing and Urban Development’s American Housing Survey, the U.S. housing market consists of 41% of owner-occupied properties built before 1969, compared to 15% that were built between 2000 and 2009.

With a low number of new builds, many homebuyers will be looking at older homes.  As homebuyers consider these older homes for purchase, they will be thrown off with the need for updates such as energy efficient features and new amenities.  Homebuyers will want older homes that have been rehabbed for modern day.  This means it is a perfect time for rehab investors.

Read our post What Today’s Homebuyers are Looking for in a Home to discover additional rehabbing ideas.