Welcome to #FeaturedListingFriday! Today we would like to highlight this incredible residential land development. It’s not often you find an entire property as a part of a qualified opportunity zone and is ideal for a build-for-rent community of homes. Don’t miss out on this opportunity and contact us today. Have a great weekend!
Originally posted by GlobeSt. | Samantha Stokes As millennials age towards having children, while the generation continues to delay home buying, family-friendly rental units will become more important in the future, according to a new study on family renter housing by the Urban Land Institute, Terwilliger Center for Housing and RCLCO. To date, millennials and baby boomers have… Continue reading Families Key in Future Rental Housing Market by GlobeSt Featured by SVN | SFRhub Advisors
Originally posted by AffordableHousingFinance | Donna Kimura Sens. Ben Cardin (D-Md.) and Rob Portman (R-Ohio) have introduced legislation to create a tax credit that would encourage the revitalization of distressed single-family homes. The Neighborhood Homes Investment Act (NHIA) is based on the low-income housing tax credit (LIHTC) and New Markets Tax Credit. These longtime programs… Continue reading Senators Introduce Tax Credit to Revitalize Distressed Homes by AffordableHousingFinance Featured by SVN | SFRhub Advisors
Originally posted by Builder | Jerry Ellenburg Traditionally, single-family homes were just that: residences for homeowners. But times are changing. Tour a single-family development and you may discover that all the occupants are renters. What’s afoot? Changes in the tax code have made owning less advantageous, and consumers are no longer buying into the American… Continue reading Build to Rent Still Booming by Builder Featured by SVN | SFRhub Advisors
Originally posted by TheMReport | Andy Beth Miller Redfin research shows that home buying demand has seemed to stabilize, with demand down 26% year-over-year based on numbers gathered April 1-7. These numbers represent a drop from the 33% decline from the previous week. Despite the economy coming to a halt and more than 10 million workers… Continue reading Homebuying Demand in the U.S. Could Be Stabilizing by TheMReport Featured by SVN | SFRhub Advisors
Originally posted by CNBC | Robert Frank Manhattan apartment deals plunged more than 80% in May from a year ago, while South Florida saw a surge as lockdowns and coronavirus fears continue to weigh on New York real estate. The number of sales contracts signed for Manhattan co-ops fell 80% last month compared with May 2019, according… Continue reading Manhattan Apartment Contracts Fall More Than 80% in May, Florida Surges by CNBC Featured by SVN | SFRhub Advisors
Originally posted by MPA | Erica LaCentra Rental demand continues to grow in 2020 giving real estate investors an immediate opportunity to make money in the coming year. According to the Urban Institute’s Housing Finance Policy Center, single-family homes for rent are the fast-growing segment of the U.S. housing market with an estimated 3.4 million millennials preferring… Continue reading 2020 Trends to Watch in the Single-Family Rental Market by MPA Featured by SVN | SFRhub Advisors
Originally posted by Forbes | Joseph Edgar For those of you who are reading this while locked down at home and feeling stranded, isolated and somewhat removed from the world, your reality may describe someone else's version of paradise. Although apartment complexes aren’t going anywhere in urban areas, a house with a yard and plenty… Continue reading Investing In Single-Family Rentals: The Best Position Of 2020 by Forbes Featured by SVN | SFRhub Advisors
Originally posted by LendingTree | Tendayi Kapfidze Finding a place to live can be challenging — and so can choosing between renting or buying a home. Each option has its advantages and disadvantages, especially in the wake of the COVID-19 pandemic, when many people are struggling to pay their monthly housing costs. To highlight some… Continue reading LendingTree Compares Renting and Owning a Home in the Nation’s 50 Largest Metropolitan Areas by LendingTree Featured by SVN | SFRhub Advisors
52% of homeowners have stated they are concerned about making their mortgage payments. Consequently 47% have considered selling their home.