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?
Did you know that the US home-building is rising and is at an all-time high? This sector has risen to 1.5% to a seasonally adjusted annual rate of 1.228 million units in October 2018. Though, it has seen a bit of a slowdown, with building permits fell 0.6 percent to a rate of 1.263 million units in October.
Build for rent is defying the odds, growing and evolving at an incredible pace. Since the 1980s, 10,000 build for rent homes have been produced and in the mid-2000s, production peaked at 45,000 units in just 12 months. Do you know who the big players in this segment are? Keep reading below. Originally posted by… Continue reading A Brand New Single-Family Neighborhood, Where Every Unit Is a Rental by Curbed featured by SVN | SFRhub Advisors
The ranks of renters have swollen since the financial crisis, but there are few foreclosed homes left to pick up on the cheap and rent out. So some of the biggest landlords are buying, or building, new single-family homes to pad their portfolios.
Have you heard of the recent single-family rental market shift? In 2017 developers built more than 36,000 rental houses making it the largest number of "build-to-rent" houses in the last 14 years. As the CEO and co-founder of Roofstock stated "The build-to-rent market has started to expand significantly over the past year." According to ATTOM Data Solutions, in Houston alone, there were 10,893 rental houses built since the start of 2014. Click on the link to learn more about the latest rental market phenomenon.