More Renters, Less Buyers

HARRISBURG, Pa., Oct. 11, 2012 /PRNewswire/ -- There's a growing national trend toward city and suburban living, in particular, suburban areas within walking distance to cities. Due to a still-sluggish economy and today's more stringent mortgage loan requirements, renting is becoming more popular in the demographic that used to be considered first-time buyers.

According to a study conducted by the Joint Center for Housing Studies of Harvard University, this trend is expected to continue to have a major impact on the choice of housing for individuals between the ages of 25 and 34 through 2020.

One Harrisburg real estate developer/builder/property management company is seeking to cater to this demographic by providing a practical and affordable alternative for the growing number who are choosing to rent instead of purchase a home, yet still want easy access to all the amenities city life has to offer.

Triple Crown Corporation has recently completed the construction of five buildings at Ivy Ridge, an apartment community located in Swatara Township. The community, when complete, will consist of 16 twelve-unit apartment buildings. Each building is three stories high and contains four apartments on each floor.

All Ivy Ridge homes offer two bedrooms and two full baths, as well as a gourmet kitchen with built-in pantry. The combination dining room/living room contains a sliding glass door leading to a private patio/deck. The laundry room is equipped with a full-size washer and dryer and contains shelving space for additional storage.

Other amenities include a complete appliance package featuring a frost-free refrigerator, ice-maker, self-cleaning oven/range, space-saver microwave and dishwasher. Each apartment offers a trendy color scheme, and window blinds have been installed throughout.

Ivy Ridge residents have access to a community clubhouse/leasing center, which is the site of a 24-hour fitness center as well as regular monthly events. A management and service team is also located on the premises. Ivy Ridge welcomes pets.

Each unit has a private entrance, and scenic views of downtown Harrisburg as well as the Capitol complex. Reserved parking for residents is included.

Those interested in taking a closer look can stop by Monday through Friday from 8 AM to 6 PM. Others times are available by appointment.

Triple Crown Corporation is a real estate and property management company that has served the Harrisburg area for more than three decades. Despite the recent economic and housing market downturn, the company has managed to maintain a pattern of continued growth. Triple Crown Corporation also provides remodeling, new home, office, industrial and property management services.

Press Release Contact Information:
Karen Jordan
Marketing Manager
Triple Crown Corporation
(717) 657-5729 x129
[email protected]

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SOURCE Triple Crown Corporation