Dependable Homebuyers Reveals that Relocated Residents are Renting instead of Buying in Baton Rouge

July 15, 2019 - /PressAdvantage/ -

Dependable Homebuyers has released its latest report about industry insights and market analysis. The report has raised an alarming issue for homeowners who are trying to find buyers in Baton Rouge. Relocated residents in the city are choosing to rent and are not considering buying houses. The residential real estate sector has been a buyers market for a while now. With more people shying away from buying, the market is poised to get harder for sellers. The average time on market has been increasing in recent months. The interest rates have increased too. Fewer buyers are looking for houses for sale. Now rental property developers are trying to cater to those who do not want to buy. The market is poised for a further churn that does not augur well for sellers.

Dependable Homebuyers, the We Buy Houses company based in Baton Rouge, has cited generational changes, overall climate of the economy and the trends of employment opportunities along with changing perceptions about renting and owning among the young as the main issues that are causing the churn in the rental market. There is an ongoing debate, especially among the younger generations, who are serious exploring the pros and cons of buying. Many young people want a more manageable liability. Recurring rental cost is perceived as more manageable by many, especially those who are relocating to Baton Rouge and are unsure if they will be here for decades. People are on the move due to employment compulsions. Renting becomes the obvious option for such professionals and even some entrepreneurs who might consider settling somewhere else in the near future.

Evan Roberts, the founder and owner of the real estate investment company based in Baton Rouge, says that the shift if a large percentage of potential homebuyers into the rental market has shrunk the prospects of homeowners trying to sell their residential properties. Developers of rental properties are cashing in on the opportunity. More property management companies are teaming up with developers and rolling out rental options for relocating residents. Such properties usually have several amenities onsite and despite being located at varying distances from the major hubs there are enough conveniences for the residents to be content with the options. Relocating residents can now choose suburban neighborhoods or a tad distant areas without having to compromise on the amenities that, downtowns, city centers or business districts provide. For more information about the company and the services they provide visit their website at https://about.me/dhbbatonrougue.

Homeowners still have a viable option to sell their properties. They can contact Dependable Homebuyers. The We Buy Houses company purchases residential properties regardless of location and condition. They pay in cash. It is a onetime cash transaction. The company has a track record of offering the fairest values for properties given the market conditions. The buyers market with all its hurdles for sellers and the fact that relocating residents are renting over buying have no bearing on the offer of Dependable Homebuyers. Evan Roberts and his team can present a purchase offer in a day and can close a sale in a week. Interested homeowners can read a recent press release they published at https://docs.google.com/document/d/1pLUKf7d_5CEI6cB0Fxc-FBVyKtXEDzpqhyQ1NEOsj_s/preview.

###

For more information about Dependable Homebuyers Baton Rouge, contact the company here:

Dependable Homebuyers Baton Rouge
Evan Roberts
(225) 307-3324
info@dependablehomebuyers.com
17505 Jefferson Hwy, Apt 308, Baton Rouge, LA 70817

ReleaseID: 60029483

Latest News

Road tripping Thailand: Weekend getaways to beat the crowds

Oct 18, 2019

BANGKOK — Thailand's southern beaches lure travelers with their turquoise water and dramatic limestone cliffs, but there's more to explore in the Southeast Asian country that's one of the world's most popular destinations. For a Thai road less traveled, try one of these getaways outside Bangkok, far from the overly Instagrammed backpacker hotspots or the party scene of Phuket or Pattaya. ___ BAN KRUT FOR THE BEACH BUM In laid-back Ban Krut, travelers will find one of the cleanest and quietest stretches of white sand within driving distance of the capital, Bangkok. This sleepy seaside community, known mostly by locals,...

US promotes free and open Indo-Pacific at naval exercise

Oct 18, 2019

SATTAHIP, Thailand — A senior U.S. naval officer underlined Washington's commitment to a free and open Indo-Pacific as the United States on Monday launched its first joint naval exercise with the Association of Southeast Asian Nations. Rear Adm. Kenneth Whitesell spoke at the opening ceremony of the ASEAN-U.S. Maritime Exercise at the Sattahip naval base in eastern Thailand. He said the multilateral exercise demonstrates the U.S. commitment to a free and open Indo-Pacific, which Washington has been promoting to counter China's increasing influence in Asia, including Beijing's territorial claims in the South China Sea. Several Southeast Asian countries contest the...

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

Oct 18, 2019

SINGAPORE — Asian airlines are cutting routes, revamping their schedules and leasing extra aircraft to fill gaps left by the grounding of Boeing 737 Max 8s after deadly crashes in Indonesia and Ethiopia killed 346 people. So far, regional carriers have managed to avoid major disruptions, but analysts expect that idling the Max 8s, a fuel-efficient update of Boeing's popular 737, will crimp growth plans in the near future. As investigations into the crashes continue, Boeing anticipates a $1 billion increase in costs related to the 737 Max, including fixing software implicated in the disasters, adding pilot training and compensating...

Thai king celebrates coronation with spectacular parade

Oct 18, 2019

BANGKOK — Thailand's newly crowned King Maha Vajiralongkorn made a spectacular public appearance in front of his countrymen Sunday, carried atop a golden palanquin by soldiers in ancient fighting uniforms in a procession through Bangkok's historic quarter. Hundreds of other soldiers marched in front, behind and alongside the palanquin in scorching heat as the procession set off from Bangkok's Grand Palace just after 5 p.m. with a marching band setting the pace. Also taking part in the slow parade were the prime minister and other senior officials in the military government as well as the king's wife, Queen Suthida, and...

Thai minister says envoys breached diplomatic etiquette

Oct 18, 2019

BANGKOK — Thailand's foreign minister said Tuesday that he will summon representatives from the embassies of the European Union and the United States to discuss why he believes they breached diplomatic etiquette by observing a Thai politician being charged with sedition by police. Foreign Minister Don Pramudwinai said that foreign countries are barred from closely observing internal procedures "not only by etiquette but also by rules and regulations that the whole world abides by." His remarks come after several countries sent envoys to observe a police proceeding at a Bangkok police station on Saturday where Thanathorn Juangroongruangkit, leader of a...

Sign up now!