We recently ran across an intriguing data set on CalculatedRiskBlog.com. We were intrigued because the data show the trends in single-family rentals over the past 15 years.

In 2000, renters' share of the single-family-home market was 15%. By the end of 2014, that number was 21%. Every state except North Dakota has seen an increase in the percentage of single-family renters.

Renters are potential (and likely) owners, especially renters who've lived in a single-family home. We've frequently mentioned that if the choice is between owning and renting, most people opt for owning. After all, we want to properly nest: We want to decorate and paint without worrying about forfeiting a security deposit. If we make a capital improvement, we want to own that capital improvement.

We believe more renters will pursue ownership. This will lead to fewer renters and softening rent rates. If this scenario unfolds, more landlords, in turn, will leave the business. This means more homes will be offered for sale.

But even if our scenario fails to unfold, we still think more single-family homes will be offered for sale. Fatigue will become a greater influencing factor. Many new landlords poured into the single-family-home market over the past five years. We suspect that a growing percentage of these newbies are tiring of their investment. Managing rental property is frustrating and time-consuming work. Entropy naturally sets in over time.

In short, we see more ownership demand and more homes offered for sale. These two trends bode well for sales growth in coming years.

Information provided by Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700complete my online form, or e-mail me at don@donroth.com.