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Single-Family Rentals Are Taking Over the Housing Market

Pro Builder

Single-Family Rentals Are Taking Over the Housing Market. Built-to-rent housing projects are expanding across the United States as real estate competition drives away potential buyers, says The New York Times. Roughly 6% of new single family homes built in the U.S. Fri, 10/22/2021 - 09:42.

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U.S. Metros Are Making Their Post-Pandemic Recoveries, and Rents Are on the Rise

Pro Builder

Some New York renters who signed their leases at the start of the pandemic reported 30% to 40% price increases at the end of 2021, but not all rental markets are making equally strong recoveries, The New York Times reports. In nearly every one of the 100 largest U.S.

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Housing Market Pushes Buyers to Rentals, Intensifying Demand

Pro Builder

Housing Market Pushes Buyers to Rentals, Intensifying Demand. One Maryland landlord said they have leased properties for 20 years and have not seen this type of applicant pool before. Today, the national housing shortage sits at more than 4 million homes,” he said. cbroderick. Thu, 08/12/2021 - 10:11.

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Moving Company Data Suggests ‘Abnormally High’ Rate of Relocation from Cities

Pro Builder

The data from online mover marketplace HireAHelper found an “abnormally high" percentage of emigration from San Francisco, New York, and Los Angeles to smaller cities. One moving company in New York said moves between March and August were up 50% compared to last year. Admittedly, many of these moves may not be permanent.

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Monthly Mortgage Payments Outpace Rental Costs Nationwide

Pro Builder

A new report released by John Burns Real Estate Consulting earlier this month revealed that having a mortgage costs, on average, $839 more per month than having a lease, making renting the more affordable option for most Americans.

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Renting Options for Active Adult Communities on the Rise

Pro Builder

Rental homes in active-adult communities are a relatively new segment for many developers, says Scott Burman, principal and construction president of Engel Burman, a real estate developer, owner and manager of a variety of senior housing options in New York, New Jersey and Florida.

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Are You Ready for Build to Rent?

Pro Builder

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. RELATED: This Modern Life: A New Era of Building Modern Emerges. “The Are You Ready for Build to Rent? cbroderick. Mon, 01/11/2021 - 06:00. Sorting It Out.

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