Remove 2021 Remove Consulting Remove Housing Remove Leases
article thumbnail

Single-Family Rental Prices Jump at the End of 2021

Pro Builder

Single-Family Rental Prices Jump at the End of 2021. Tue, 12/21/2021 - 10:00. As sellers take the upper hand in a competitive housing market, landlords are also set to end the year on a high note thanks to a steady increase in new lease effective rents during the final months of 2021.

article thumbnail

NAR Study Says Years of Underbuilding to Blame for Housing Shortage

Pro Builder

NAR Study Says Years of Underbuilding to Blame for Housing Shortage. Mon, 07/19/2021 - 09:38. million more housing units to meet housing needs, according to a recent study by the National Association of Realtors. And that will naturally slow down housing demand from the current frenzied pace. cbroderick.

Housing 111
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Driving Record Growth in the Rental Market?

Pro Builder

Changing household preferences and a lack of housing affordability post-pandemic caused apartment demand to double at the start of 2022. A record 700,000 apartments were leased last year, more than double the five-year average, while leases in Q1 2022 were double the number reported in Q1 2021, according to John Burns Real Estate Consulting.

Income 97
article thumbnail

Single-Family Rental Sector Gains Exceed Expectations

Pro Builder

Fri, 09/17/2021 - 09:43. John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. Single-Family Rental Sector Gains Exceed Expectations. cbroderick.

article thumbnail

Renting Options for Active Adult Communities on the Rise

Pro Builder

Thu, 06/24/2021 - 10:48. One active-adult community consultant says the average active adult renter is a divorced or widowed woman in her mid-70s who wants to be close to family. There was community and government resistance to rental housing because it was considered transient.”. leased homes were first offered in June 2020.

article thumbnail

Are You Ready for Build to Rent?

Pro Builder

Mon, 01/11/2021 - 06:00. More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. There are billions and billions of dollars out there to finance homes that can be leased as fast as they can be built.”.

Phoenix 105
article thumbnail

Maryland Adopts 42 New Environmental Laws in 2021

Green Building Law Update

The 442nd session of the Maryland legislature adjourned on April 12, 2021. Senate Bill 359 / House Bill 80 require the Maryland Department of Transportation to develop an urban tree program to replace trees that are removed during the construction of a transportation facility project, including the area impacted by the Purple Line project.

Maryland 156