The company joins a number of other big players in the Atlanta single-family rental home business. These include American Homes 4 Rent (NYSE: AMH), which owned 2,500 homes in metro Atlanta as of June 30. American Homes 4 Rent owns a total of more than 37,000 properties in cities including Dallas, Indianapolis, Atlanta, Charlotte, Chicago, … Continued
I think there are a number of things at play here. One is a lot of people were burned in the housing market over the last few years. People now realize that housing prices can go down as well as up, and that’s made some of them uneasy about buying. Some of the newly-formed households … Continued
The compromise between renting an apartment and buying a home is renting a single-family home. That’s traditionally a choice made by only a small number of Americans, but one of the trends-within-a-trend in the housing market is a tremendous surge in families doing just that.
Despite these numbers, the portion of Americans who own their homes has been declining since the housing crisis with less than two-thirds of households now owning their homes. Thanks to an influx of investors, there’s now significant rental stock in the form of single family homes, so families in the suburbs now have an option … Continued
Single-family home rentals since the housing bubble burst nearly a decade ago have seen massive growth, according to a new look from Mark Zandi, Moody’s Analytics’ chief economist.
ProTeck points out the flood of institutional investors who bought large quantities of single-family REO homes at a discount in the aftermath of the housing crash and subsequently made health profits by renting these properties. The single-family REO-to-rental market is being consolidated seven years after the crash as some investors are still looking to profit, … Continued
Top single-family rental companies are cashing in, raising billions of dollars on Wall Street by securitizing the loans on their portfolios. The single-family home rental sector is doing well, according to analysts like Moody’s Investors Service and earnings announcements from top companies like Colony American Home, Invitation Homes and American Homes 4 Rent. With strengthening … Continued
Salt Lake City once again ranks among the best U.S. cities for investing in rental properties. All Property Management, a trade group for those who own and manage apartments and single-family rental homes, says Utah’s capital is the sixth best urban market for rental investments among Western cities. And it rates as the ninth best … Continued
Haendel St. Juste, executive director at Morgan Stanley, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York. St. Juste discussed the trends he is seeing among institutional REIT investors active in the single-family rental market. While the sector is still largely dominated by hedge funds, “REIT investors are … Continued