Tag: build to rent
-
Build-to-Rent Homes Report 2024
The build-to-rent (BTR) industry has surged as the fastest-growing segment of single-family home construction. With mortgage rates surpassing 6.5%, limited housing supply, and sustained demand, new homebuyers need six-figure incomes to afford median-priced houses. Here’s what you need to know: Key Findings: Build-to-Rent Construction Rate An analysis of U.S. Census data reveals 75,000 BTR starts…
-
📰 U.S. Multifamily Market Outlook – Summer 2024 🏢🌟
A robust economy and surging demand fuel multifamily fundamentals, but hurdles loom. Our deep dive into Yardi Matrix’s Mid-Year Outlook reveals insights: 🔍 Waiting Game: Rent growth and occupancy dip post-2022 peak. High rates challenge markets; Fed treads carefully. What’s your take? 🤔 #RealEstate #InvestmentInsights
-
The Rise of Build-to-Rent Communities: A Solution to America’s Housing Crisis?
As the housing market grapples with high demand and affordability challenges, real estate developers are turning to “build-to-rent” neighborhoods. These communities offer full-size homes for rent, providing an alternative to traditional homeownership. Key Trends: The Experience: Build-to-rent communities offer a promising solution to America’s housing challenges, benefiting both renters and developers alike. 🏠🌟 #RealEstate #HousingCrisis…
-
America’s Hottest Housing Markets Break Records: What’s Driving the Frenzy?
The U.S. housing market is ablaze, with certain markets reaching unprecedented levels of demand. According to the latest Realtor.com® report, America’s 20 Hottest Markets in May received three times as many views per property as the national average—a record high not seen since mid-2017. Why the Frenzy? Supply and Demand Dynamics Economic analyst Hannah Jones…
-
🏢 Former Racetrack Transforms into Thriving Community near Detroit
In a bold move, Michigan’s last horse racing track, Northville Downs, has given way to a visionary master-plan. The $248 million development, known as “The Downs,” is taking shape just 27 miles from downtown Detroit. Here’s what you need to know: Got questions? Ask away! 👇
-
Built-for-Rent Housing Starts Continue to Increase
The housing market is at a standstill, with homeowners reluctant to move due to low-interest rate mortgages. New construction offers a solution to this crisis, but inventory shortages and soaring home prices make homeownership unattainable for many. Enter the rising trend of “built-for-rent” homes—a concept that’s gaining traction. What Is Built-for-Rent? Built-for-rent refers to constructing…
-
San Antonio’s Real Estate Market Faces Challenges Amid Population Growth
San Antonio, Texas – The U.S. Census Bureau recently declared San Antonio as the fastest-growing city in the nation, with a staggering 22,000 people moving to the Alamo City in 2023. While this growth is exciting, it raises critical questions about the city’s real estate market. Can it handle the heat? Affordable Housing Concerns One…
-
From Ghost Mall to Vibrant Community: The Rise in Cupertino, California
Silicon Valley’s once-abandoned Vallco shopping mall is undergoing a remarkable transformation. The Rise, a visionary mixed-use development, is breathing new life into this 50-acre site, replacing the former mall with a vibrant community that addresses Cupertino’s pressing housing needs. The Rise: A Bold Vision A Historic Moment for Housing In the heart of Silicon Valley,…
-
Surge in Built-to-Rent Homes as Housing Affordability Wanes
In the face of a deepening affordable housing crisis, the construction of built-to-rent (BTR) homes has surged, with a record-breaking 93,000 single-family rental homes completed in 2023, marking a 39% increase from the previous year. This trend emerges as housing affordability hits its lowest point since the 1980s, compelling a significant portion of Americans to…
-
CBRE Reports Stabilization in Multifamily Housing Market
In a recent analysis, CBRE has reported signs of stabilization in the multifamily housing market. The first quarter of the year saw a slight uptick in average monthly rents, with a 0.4% increase from the previous year, settling at $2,163. The beginning of the year marked the introduction of 73,700 new multifamily units, contributing to…
Daniel Kaufman Real Estate 