Rentals for Masters Housing on Upswing
Monday, January 27th, 2014
For the third consecutive year, home rentals for Masters Week are enjoying an increase in interest and price.
“Last year was a huge bump over 2012 and the trajectory is continuing to increase,” said Sue Parr, president of the Augusta Metro Chamber of Commerce, which manages the Masters Housing Bureau. “We’re happy for homeowners and economic development in Augusta.”
The recession had an effect on prices, so when the economy shrank so did renter budgets.
Traci Ratley, vice president of Corporate Quarters, said there is renewed interest in “large, nice homes.” She recalled that for several years people often packed into homes but now it’s back to seeing one person per bedroom.
