Worcester Multi Family Market Trends
Worcester Multi Family Property Growth The multi family market in Worcester is experiencing rapid growth, according to The Telegram & Gazette. "Median prices of two- and three-family homes in Worcester County, a large component of multifamily properties, have gone up..." leading to a 38% five year increase in two-families and 58% increase in three-families. According to the article, areas with strong increases included Worcester, Southbridge, Fitchburg, and even Leominster. Property managers have seen [...]
Worcester Economy Growing
Worcester Economy Experiences Record Growth Worcester, Massachusetts is experiencing rapid growth, and according to The Telegram & Gazette this can be attributed to "low unemployment and steady job numbers". In fact, Worcester's 2018 index growth was the "highest since the 1990s." The in-depth study included economic activity in Worcester and the surrounding 48 cities & towns. This information comes as no surprise and coincides with the recent increase in tech, biomedical, and manufacturing [...]
Advantages of Using A Property Management Company
Property Management Company Benefits Property owners have a lot to consider in regards to managing a property that they own. In fact, many owners often find that it's easier to hire a property management company to handle everything for them. The experience and service that property management companies often offer can help make the process go smoother for all parties involved. Below are some of the major benefits to having a property management [...]