Investors that buy single-family homes are much less interested in sudden changes in home values as the recovery in the housing market continues. Homes are no longer steeply undervalued. Instead, investors are looking for good long-term returns based on rental income from their properties as well as appreciation in home prices that is based on … Continued
Advances in how companies use technology to evaluate mountains of data has quickened everything from stock trading to student test-performance evaluations to patient care. Behind the new speed in real estate is a change in how big buyers find most of their properties.
“The next frontier for the SFR securitization market will be the ability for smaller single-family rental investors to access the securitization market,” Hill said. “While institutional investors have been more visible, and were arguably necessary for launching the securitization market, they own less than 500,000 properties. Small investors own more than 14 million. Suffice it … Continued
Millennials are delaying home ownership. The result is an extended rental trend among 25- to 34-year-olds that is fueling real estate opportunities of its own. The group, which is the nation’s second largest generation, is starting to form new households, but unlike past generations, that doesn’t mean buying a starter home. Weak job growth and … Continued
Perhaps the main new reality is that homeownership isn’t as easy to attain as it has been during most of the decades after World War II. For a lot of people, the money isn’t there, because the American economy simply doesn’t offer as many well-paying jobs as it used to. Less fundamentally—and probably easier to … Continued
When Waypoint buys a new home, its managers use a checklist to make sure all of the features of the home function smoothly and to replace systems like roofs or plumbing, if necessary. For example, can the home provide hot water to a washing machine and two bathrooms at the same time? Waypoint also checks … Continued
No question, renters were waiting in the wings behind homeowners all across the nation. From 2005 to 2013, the number of occupied single-family rental properties jumped from 10.5 million units to 14.2 million units, the Urban Institute reports, citing American Housing Survey data.
The National Rental Home Council (NRHC) today announced its inaugural Board of Directors and Officers, an important milestone as the Council expands its work to educate, communicate and advocate on behalf of the professionally managed single-family rental home industry.
A couple of weeks ago RealtyTrac issued a report on the best markets for buying rental property in 2015 based on fair market rents for the year set by the U.S. Department of Housing and Urban Development and the most recent median home price data from RealtyTrac sales deed data.