Of the 48.2 million rental housing units, nearly 49% are located in rental properties of one to four units, according to the latest Rental Housing Finance Survey (RHFS) data released by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. For these small rental properties, nearly 73% (14.1 million) are owned by… Continue reading Individual Investors Dominate Rental Market by DSNews Featured by SVN | SFRhub Advisors
Originally by Globe St | Cheryl Miller Stay-at-home orders tied to the COVID-19 pandemic have not tamped down the demand for single-family house rentals, executives from two REITs said in recent first-quarter earnings calls. Dallas Tanner, president and CEO of Invitation Homes, said occupancy climbed to a record-high 97.2% in April as the company increased its access… Continue reading Single-Family Home Rentals Are Excelling in the Pandemic by GlobeSt Featured by SVN | SFRhub Advisors
Originally posted by MReport | Seth Welborn In the week ending May 2, the advance figure from the Department of Labor for seasonally adjusted initial unemployment claims was 3,169,000, a decrease of 677,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 3,839,000 to 3,846,000. The 4-week moving average was… Continue reading Rising Unemployment’s Impact on Housing by MReport Featured by SVN | SFRhub Advisors
Originally posted by CNBC | Fred Imbert Warren Buffett said Saturday he is optimistic that the U.S. economy will re-emerge even after being dealt a body blow by the coronavirus pandemic. “Nothing can basically stop America,” said Buffett, chairman and CEO of Berkshire Hathaway, from the conglomerate’s first virtual shareholder’s meeting from Omaha, Nebraska. “The American miracle,… Continue reading Warren Buffett Says the Economy Will Overcome Coronavirus: ‘Nothing Can Basically Stop America’ by CNBC Featured by SVN | SFRhub Advisors
2020 has started out in an unprecedented way, We still want to keep an eye out for the top trends such as the hottest markets, build-for-rent, and short-term rentals. Which one are you keeping your eye out for?
Originally posted by NREI Online | Sebastian Obando The single-family rental (SFR) sector is well-positioned for a rebound once widespread economic activity resumes, according to industry experts. “In the post-COVID-19 future, I think we will see even more people opt to rent homes instead of buying,” says Doug Brien, CEO and co-founder of Mynd Property… Continue reading Single-Family Rental Sector Poised for Strong Rebound by NREI Online Featured by SVN | SFRhub Advisors
Originally posted by DSNews | Seth Welborn Millions of homeowners and renters alike are at risk of losing their jobs in the wake of COVID-19, with around 13 million Americans reliant on wages from at-risk jobs, according to the Harvard Joint Center for Housing Studies (JCHS). JCHS notes that many of these households were more likely to… Continue reading COVID-19’s Impact on Homeowner Payment Ability by DSNews Featured by SVN | SFRhub Advisors
Originally posted by REI Ink | Paul Gozzo Single-family rental (SFR) investing has existed for as long as landlords have owned detached single-family rental homes. In modern times, a landlord is any individual(s), government body or institution that provides housing for people who either can’t afford or don’t want to own their own homes. Great… Continue reading The Rise of SFR 3.0 by REI Ink featured by SVN | SFRhub Advisors
Originally posted by SeekingAlpha | Hoya Capital Real Estate Home, Sweet Home? Amid the coronavirus pandemic, residential REITs - particularly the traditionally countercyclical single-family rentals - should prove to be a source of relative shelter for investors. Single-Family Rental REITs were born from the last economic crisis when a cascade of foreclosures enabled a new… Continue reading Single-Family Rental REITs: Born From Crisis by SeekingAlpha Featured by SVN | SFRhub Advisors
“U.S. real estate assets remain in high demand from domestic and foreign investors. Cap rates were stable in 2019 and we expect them to remain so in 2020, despite the uncertainty created by the coronavirus and the upcoming presidential election. Continued moderate economic growth will keep interest rates low, and sustain demand for commercial real estate,” said Richard Barkham, Global Chief Economist for CBRE.