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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. More than $300 billion worth of apartment assets traded hands in 2021, a record amount by far.

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Maryland Adopts 42 New Environmental Laws in 2021

Green Building Law Update

The 442nd session of the Maryland legislature adjourned on April 12, 2021. The bill applies prospectively to new construction for which a building permit is issued on or after October 1, 2021. The builder (or the builder’s agent) must provide notice of these options and other specified information to each buyer or prospective buyer.

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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.

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NAR Study Says Years of Underbuilding to Blame for Housing Shortage

Pro Builder

Mon, 07/19/2021 - 09:38. It will require “a major national commitment to build more housing of all types” to solve the crisis, consultants wrote in the study. NAR Study Says Years of Underbuilding to Blame for Housing Shortage. cbroderick. The United States needs anywhere from 5 million to 6.8

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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. leased homes were first offered in June 2020. “We Renting Options for Active Adult Communities on the Rise. cbroderick.

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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.”. cbroderick.

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