Hard money lenders assist investors in robust real estate markets
The real estate market is hot and construction is booming in Idaho’s Treasure Valley.
Boise and surrounding areas have experienced an unprecedented surge in construction over the past year similar to that of other cities throughout the Northwest, including Portland and Seattle.
Boise’s construction industry topped them all , however, growing more than any other metro area in the US between September 2015 and September 2016. Construction job growth increased 24 percent, with 4,500 jobs added over the 12 month time period.
What does construction growth mean for you as a real estate investor?
There’s a strong correlation between construction job growth and housing demand. New homes and multifamily units are springing up throughout Treasure Valley in response to Idaho’s growing demand for housing, spurred by state job growth numbers that led the nation over the past year.
Real estate investors in the know use a variety of indicators to determine best ROI. Count the number of construction sites you pass today. It may provide one sign that now is a good time to consider investing in your area’s real estate market.
Hard money lenders help real estate investors stay competitive
Whether you’re new to real estate or a longtime investor, a hard money lender can offer convenient funding options when conventional loans aren’t readily available.
At Gregory M. Russell, we work with qualified real estate investors throughout Idaho to provide the fast cash needed to remain both competitive in a tight market and responsive to the demands of property investment. Contact us to learn more. 1-888-477-0444.