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.
The American dream of owning a home is changing as millennials age. According to Freddie Mac’s 2019 housing survey, 40% of renters report the will never own a home—23% higher than two years ago. Are you an investor? How will you capitalize on this heavy demand? Tell us in the comments below!
There is a major imbalance in the housing market, homebuyer demand is skyrocketing effecting the skyrocketing of home prices.
It's Monday, let's start off the week with SVN | Live! I hope you all had a great weekend. This Monday we featured this amazing build-for-rent investment portfolio in Fort Myers, Florida. Only 7 miles from the beautiful Fort Myers Beach the Villas at Oasis Key is a proposed BFR community tucked away in the highly desirable area of Fort Myers.
It's Featured Listing Friday! Today we highlight this portfolio with a high stabilized year one net cap rate of 11.11% and asking square foot of $51! Want to find more incredible #rentalproperties for sale? Cherry-pick and find your perfect investment opportunity at SFRhub.com!
In the coming decades, a new study by Urban Institute, states that new renters will outpace new homeowners in the coming decades. Homeownership will continue to decline, which in turn will create competition for rental housing.
SVN | SFRhub Advisors is proud to be a part of the SVN family and is honored to be part of one of the top companies in the global impact economy. Continue reading how SVN stays diverse and brings capital to tertiary markets.