Auston Chase Apartment Homes

59 Summerlake Circle, Ridgeland, SC 29936
Auston Chase Apartment Homes Phone Number Call: 888-705-4749 Auston Chase Apartment Homes Email Address Email UsAustonChase001@myLTSMail.com Auston Chase Apartment Homes Google Map View Map
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Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$930-$1,495

Apartment Homes Bluffton SC

Many are Shifting Toward Apartment Living

Joseph Coupal - Thursday, June 07, 2012

Since the housing meltdown, more people are renting a place to live because the financial reality is they can’t buy.

A lot of other people simply prefer to rent.

The two groups are spawning a fundamental shift in housing for the first time in years. It is a national trend that is crystallizing in the Beaufort area.  

Rentals will be in demand for a while. The pendulum has swung,” said Mahesh Pattabhiraman, chief lending officer for Miami-based Apollo Bank.

“A lot of people with bad credit won’t qualify to buy a home. And because of the crisis, some people are not convinced it’s the right time to buy.”

With strong competition for rental apartments, professionally managed apartments in Ridgeland enjoy consistent occupancy, drawing heavily on young professionals like who love the urban vibe.

While the American Dream of homeownership hasn’t disappeared, more people are seeing renting as the best option for where they are in life now.

Many apartment homes have gleaming pools with apartment amenities including gorgeous grounds and fitness center that you could not afford if you owned. But the clincher is often the commute from apartments to work, since often one cannot afford to live where they work when they own a home.

The kind of home many would want to buy would be at an astronomical price. Other advantages to renting such as lifestyle flexibility, freedom from property taxes, and not having to ante up a huge down payment have more young professionals and baby boomers renting.

This craze society went through, buying a home as soon as possible, really wasn’t good economics,” said Michael M. Adler, CEO of Adler Group. “It’s much healthier for a community to have a balance between ownership and rentals.”

Home ownership has dropped significantly. Look at the problems people are having with credit: It’s still hard to get a mortgage. And baby boomers don’t want to deal with the headaches of a broken pipe.

There is a big uncertainty in buying a home and whether it will hold its value which is contributing to people wanting to rent.

Interested in renting an apartment in Ridgeland, SC? Contact Auston Chase.

Excerpts from LoanSafe.org


Auston Chase Apartment Homes

59 Summerlake Circle, Ridgeland, SC 29936

Auston Chase Apartment Homes Phone Number Call: 888-705-4749
Auston Chase Apartment Homes Email Address Email UsAustonChase001@myLTSMail.com
Auston Chase Apartment Homes Google Map View Map
Auston Chase Apartment Homes Facebook Auston Chase Apartment Homes Twitter Auston Chase Apartment Homes Google+ Auston Chase Apartment Homes Instagram Auston Chase Apartment Homes RSS Feed
Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$930-$1,495