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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.

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What’s Driving Record Growth in the Rental Market?

Pro Builder

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. Household incomes also rose 10% year-over-year in April 2022, helping to keep rent-to-income ratios below 30% nationwide.

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Home Builder Profitability Reached Highest Level on Record

Pro Builder

Mon, 07/26/2021 - 10:00. Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income data in 1994. beat out 2006’s levels by just 0.25% and exceeded 2019 income by 1.8%. Home Builder Profitability Reached Highest Level on Record.

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How Industry Leaders Are Trying to Recruit a New Generation of Workers

Pro Builder

Thu, 10/28/2021 - 09:41. With growing concerns among incoming employees over industry-wide economic stability, company leaders are catering to a younger influx of workers and trying to change the narrative about construction. How Industry Leaders Are Trying to Recruit a New Generation of Workers.

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Inflation is Good for Homeowners and Landlords

Pro Builder

Mon, 10/04/2021 - 10:24. So for a reminder of what that scenario could look like, John Burns of John Burns Real Estate Consulting shares a blog about the opportunities that rising prices can present for two unique situations. . Inflation is Good for Homeowners and Landlords. Economics.

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Builders in Tough Spot as Construction Costs Increase Amid Insatiable Demand

Pro Builder

Tue, 06/01/2021 - 10:14. Over the past decade, however, as high-paying jobs increasingly concentrated in a handful of big cities, workers from across the income spectrum spent a growing share of their paychecks to live in downtown neighborhoods and commuter-friendly areas. cbroderick. Read More. . Construction. Building Materials.

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Inside the Single-Family Rental Demand

Pro Builder

Wed, 06/30/2021 - 10:30. A new joint report by the Urban Land Institute and RCLCO Real Estate Consulting found the single-family rental market has undergone an impressive increase in interest and growth as COVID-19 emphasized the need for various forms of housing. Inside the Single-Family Rental Demand. cbroderick.

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