With rising rents and rising home prices, it is making it increasingly difficult for Americans to save for a down payment and become homeowners. In addition, rental markets have seen further constraint by more people who would traditionally buy homes, 29% are renter households than owner households.
“The Great Affordability Crisis Breaking America” is what industry experts are calling the recent housing shortage. Home prices are rising faster than wages, according ATTOM Data. Housing affordability is declining in about 160 urban areas such as Reno, Minneapolis and Phoenix. Continue reading to learn more.
Welcome to another #SVNLiveRecap! This week we featured a remarkable investment opportunity in Houston, Texas that highlights market specific NOI optimized floor plans that generate high projected market rents. You won't be able to find #BFR opportunities like these anywhere else! Continue reading the SVN | Live Recap to learn more about this opportunity!
Happy #FeaturedListingFriday! This Friday we're happy to highlight this incredible build-for-rent investment portfolio in Cape Coral, Florida with an attractive year one net cap rate of 6.63%. Go to sfrhub.com/portfolio/100450 to learn more.