Each week, we present a hot single-family residential investment portfolio or a build-for-rent investment portfolio on SVN | Live. SVN | Live always brings forth incredible opportunities as each week we present our featured single family residential and build-for-rent investment portfolios. We share exclusive financial information and key points of each portfolio showcased. Let’s start… Continue reading SVN | Live Recap – November 4th, 2019
🧟🧟🧟 Want to know what a “zombie home” is? Zombie homes are homes or properties facing possible foreclosure. According to ATTOM Data Solutions’ Q3 2019 Vacant Property and Zombie Foreclosure Report there are more than 1.5 million US single-family homes and condos vacant, representing 1.6% of all homes and a total of 9,612 of those homes are “zombie” homes.
A recent study done by Zillow shows that for-sale inventory has continued to fall in September after a mild recovery in the first quarter of 2019. According to Zillow, new monthly listings were at 8.45 lower compared to April 2018 and 10.6 lower in May. Great news for build-for-rent! As existing home inventory dwindles, builders in this new sector can take advantage of this market shift.
Investors Nationwide Drawn to Phoenix as it Leads the Nation in Rent Growth at 9% YOY
Millennials, according to What Home Buyers Really Want (2019 Edition), want single-family homes that average in 2,407 square feet. The median square footage of a home that millennials want is slightly higher than Gen X generations. As an investor, how can you cash in on these needs? Invest in single-family rental portfolios over at SFRhub.com.
According to the United States Census Bureau's Survey of Construction, the percentage of shares of new homes with two or more stories have fallen from 55%(2017) to 53%(2018). In comparison, new build homes of one story grew from 45% to 47% in 2018. In addition, most of the two or more story homes were proposed to be built in the coasts of the country (east and west). Why do you think this is occurring? Sound off in the comments below!
It's no doubt that the single-family rental sector is growing and it is growing at a pace no one had ever experienced before. Even though home prices are on the rise as well, single-family rentals rates are also increasing and are also in high demand. Keep reading how this growing sector is impacting institutional buyers.
As demands outweigh the supply, the other side of the demand sees an opportunity. Read as Kevin Maggiacomo, CEO and president of SVN International Corp. speaks on housing trends and our favorite, single-family rental investments!
Do you think we have an investor riendly environment at the moment? What do you think the mid-size investor is investing in during this friendly environment? Continue reading the article below to learn more and how to identify emerging markets.
As multifamily building permits decrease, the single-family residential permits continue to increase at a steady pace. Are investors shifting gears? Continue reading to learn why.