NRHC members are critical partners in helping restore neighborhoods, renovate blighted homes, stimulate local economies and spur job creation locally. However, critics have recently used misperceptions about renter demographics to suggest that renters don’t make good neighbors. We want to set the record straight.
The National Rental Home Council (NRHC) today released a statement relating to a new report from RealtyTrac providing data on institutional investor home purchasing from 2012-2014.
It’s important to keep the purchase activity in perspective. According to data presented at the recent IMN Single Family Rental conference in Scottsdale, AZ, the largest 18 institutional SFR buyers account for roughly 1.2% of the current inventory of single family rental properties—about 172,000 of the 15 million homes being rented out today. That inventory, … Continued