Since June 2007, single-family home permits jumped to 987,000 and in January alone, the rate increased to 6.4% from December.
As elder residents are looking for a stable living situation, more and more are turning to renting, specifically to new homes built specifically for rent. Continue reading below to find out why more and more people are choosing to rent.
Foreclosures were all the rage back in the financial crisis and investors were scooping them up and renting them out. Today, investors are investing in build-for-rent. Continue reading to learn how this new shift affects the whole market.
Build-for-rent is on the rise with large institutional builders looking for investors. Check out this video to learn all about the #BFR market. Don't forget, SFRhub.com has BFR investment portfolio opportunities with incredible cap rates and NOI. Go to SFRhub.com to find BFR investment portfolios.
The number of single-family homes built-for-rent increased over the course of 2018, as construction starts of this type of housing totaled 43,000 homes, compared to 37,000 for 2017. There were 10,000 single-family built-for-rent starts for the final quarter of 2018.
Have you thought about investing in build-for-rent? Build-for-rent communities are designed to fit the privacy and affordability needs of younger buyers shopping for a mortgage loan and boomers looking to downsize.
Our friends over at 5Arch tell you exactly what you need to know when it comes down to investing in a build for rent. This article explains what renters look for new SFRs and how to prep for success. Keep reading to learn why more Americans are renting rather than buying.
Townhouse construction is outperforming other building sectors, a new analysis from the National Association of Home Builders finds. In the third quarter of this year, townhouses accounted for 33,000 residential construction starts compared to 27,000 in the second quarter of 2017. Construction of townhomes is now 24 percent higher than the prior four quarters.
It's the ultimate showdown, investors vs consumers. The heightened competition brought on by a tight supply of housing inventory is pushing investors to focus on new development. Investors are facing a new challenge; placing capital in a market where competition for existing homes and management of scattered property locations is reducing returns. Would you invest in the build for rent market? Let us know below.
Home sales are decreasing according to Bloomberg. Though wages are rising, making homes reachable, the overall trend does not look good. Builders are definitely feeling pressured, as new home purchases have been dropping since 2016. What do you think this market shift will bring?