There are many reasons for anyone moving into any home or apartment. They like the location, the size, the condition, etc… to name just a few. But here in New York State, there are some things happening in the local economy and real estate market that makes now perhaps the best time ever to move into one of our homes. And here’s why.

Above is a link to an article we recently took directly out of the Corning Leader newspaper. It deals with the coming housing crisis across the Southern half of the State. As many of you know, northern Pennsylvania has experienced a huge boost to their economy because of all the natural gas drilling taking place there. Thousands of families have moved into that area because working on the gas wells and pipelines is how they make their living. Well, as the article you can read here states, that same boom is coming to New York State once our state government lifts their restrictions on natural gas drilling. In fact, we here at Cornerstone have already begun seeing this happen with some of our homes that are very close to the PA border. Since clean, affordable housing is in short supply in Northern PA, workers are living here and making the longer drive everyday.

Common sense tells us that when the supply of anything decreases, the cost of that same thing increases. It is called supply and demand and it is coming to the New York housing market without question. Rents in Northern PA have increased substantially because landlords realize the short supply and tenant’s desperation for a place to live. So here you are… considering a Cornerstone home. You have read how we give down payment credit when you pay us rent on time should you ever want to purchase a home from us. You know we have 24 hour maintenance and have been around a long time. But perhaps the most powerful point you need to consider is our no rent increase for 5 years. When gas drilling in New York opens up, we believe rents for single family homes will increase $200-$300/ month. Why? Because natural gas industry workers will be moving their families here and a small apartment just won’t do. They will want and need their own home. But if you move into any Cornerstone property, we promise in writing to not raise the rent for a full five years.

If you read the article above, you will have to admit that now is the right time to fix your housing cost so you don’t get blindsided by what is no doubt coming. Will Cornerstone be raising our rents as houses come empty? Sure. That is smart business and people renting homes from us will have to pay what the rent is at that time. We would be foolish not to charge more rent when the natural gas industry gives a boost to our New York economy. But here you are right now. You are reading this because you probably have looked at or are going to look at one of our homes. To be honest, you are in a great position. You can lock in your rental amount for 5 years and even your monthly payment amount should you decide to purchase the home from us on a land contract. That way, if the rental market sky rockets and rents shoot up drastically, you and your family are protected because you acted now, before New York opens the door on gas drilling and we are flooded with people moving here for work. All those people will need a place to live but you will already have your place secured with a rent you can afford. So wouldn’t you agree that if you have ever thought about a Cornerstone home, now is a great time to act?