Skip to main content

Posts

Showing posts with the label sfr

Rental Stock levels Indicates Growing Popularity of SFR Market. Team Thayer Real Estate News

Team Thayer Real Estate News The single-family rental market has been gaining popularity in the last couple of years, as indicated by a moderate increase in rental stock. Na Zhao, Housing Policy Economist for the  National Association of Homebuilders , pointed out on the NAHB's Eye On Housing blog  on Monday that according to data from the  U.S. Census Bureau , rental stock jumped by 1.4 million during a two-year period from 2011 to 2013 up to 40 million. Single-family rental homes made up the largest portion of that stock, with 29 percent. "Contrary to popular expectations, most rental homes are smaller properties, single-family homes and multifamily buildings with 2 to 4 units," Zhao said. The period from 2011 to 2013 saw a moderate increase in rental home share across all structure types, except for townhomes. Single-family rental homes (including both detached and townhomes) saw an increase of 3 percent during the two years, while multifamily stock climb...