May 1, 2009 Mara Bushari

According to the Census Bureau, the rate of U.S. homeownership slipped in the first quarter of 2009 to the lowest level since the start of the decade. The rate dropped from 67.5 percent from 68 percent during the same period in 2008.

You may assume by this news that if less people own homes, more rent and, therefore, the prices of rents should have increased. Not quite. Boston has experienced a huge increase in rental inventory as individual homeowners and big time developers alike put their properties on the rental market as soon as they list them for sale. We are seeing an increase in lease-to-own and lease-with-option-to-buy contracts. Two Boston loft buildings, The Brewery Lofts and The Macallen Building are currently offering competitive lease-to-own deals.

Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

Leave a Reply

Your email address will not be published. Required fields are marked *