Harvard: Home Sales Finally Poised to Improve

The Joint Center for Housing Studies of Harvard University has recently released their report on housing following, the close of the first quarter of 2012. The report is full of interesting information. Specifically of note is the degree to which the cost of a mortgage has dropped in relation to the monthly cost of renting:

Harvard2012 rent vs buy

Also of note is the increase in rental demand and the opportunities to be had with the purchase of multifamily investment properties:

Harvard2012 Rental DemandHarvard2012 rental growthHarvard2012 rent returns

Overall the report shows that housing will be a good investment moving forward, whether it is as a principle residence or as an investment/rental property. To see the entire report, please visit – Speaking of Real Estate.