Investment Real Estate Value Draws Big New Players in Hagerstown
By Roberto Gonzalez, Hagerstown Commercial Real Estate
(RG Realty Inc)
Observers of residential real estate nation-wide have started sounding a new upbeat note. It has to do with the effect of recent shifts in buying and selling — some of which may well affect investment real estate in Hagerstown, too. Hagerstown investment real estate has always drawn area residents seeking to profit by owning investment property close to home: properties they can monitor conveniently and with confidence. The one negative has been the assumed general neighborhood effect of widespread rental ownership. When rental home proportions rise within a community, there can be a gradual decline in the area. The reason: residents who own their homes are more careful about upkeep. Renters have less at stake. Now comes the well-documented increase in investor interest in housing. “Inv...
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