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Rental Housing Management Crests
After a decade of government promotion of homeownership, renting has taken hold and appears here to stay in the aftermath of the housing market collapse and diminution of homeownership. Since the housing market crash in 2008, the number of renting households has increased to 38 million according to the Census Bureau.
posted 6/14/13 10:07 AM read complete story
Rentals Still Popular But Growth Slows
Rental housing still prevails in the overall strength of the housing market but its impact is diminishing according to a report from rental market analysts Axiometrics. The Dallas-based firm says rental growth rate has slowed in nine of the past 10 months as demand generated by the housing market collapse continues to subside.
posted 4/3/13 12:39 PM read complete story
Rental Housing Lures Wealthy Investors
Increasing home prices and interest rates, coupled with the still-constricted mortgage loan backlog and rising rental rates, help drive wealthy investors to the increasingly valuable single-family home rental market. Investment firms and lenders are encouraging select clients -- those who can stay for the long term and weather financial crises -- to invest
posted 2/8/13 10:48 AM read complete story
Scarce Housing To Push Up Rental Demand
With five to six million new renter households anticipated in the next 10 years, strong rental demand is likely for some time as the nation’s rental stock dwindles and new construction takes time to complete
posted 1/4/13 12:14 PM read complete story
Rental Housing Finance Examined
A Mortgage Bankers Association white paper outlines a framework for a government role in multifamily finance intended to attract greater private capital with government-backed insurance. The move would ensure greater liquidity in all market conditions and it would be financed through risk-based premiums paid by mortgage bundlers who sell
posted 12/7/12 12 PM read complete story
Half of Renters Financially Overburdened
More than 20 million renters--53% of all renter households--face difficulties paying rent, the Census Bureau says in its latest American Community Survey. That’s an increase from 2010 of about 600,000 households paying 30% or more of their income for rent and utilities.
posted 9/28/12 10:28 AM read complete story
Two-Year Life Seen For Rental Surge
Expect the dramatic surge in multifamily construction starts to continue for another two years as more prospective credit-starved buyers frozen out of the homeowning market turn to apartment rentals, says David Shulman, senior economist with the UCLA Ziman Center for Real Estate.
posted 8/24/12 11:48 AM read complete story
Town Gears Up For Rental Onslaught
Communities across the nation are facing a problem that until recently primarily plagued urban areas, the supply and maintenance of rental housing and control of their health and safety features in the wake of the foreclosure crisis.
posted 7/27/12 10:55 AM read complete story
Investors Eye Foreclosures To Rentals
Families displaced by foreclosure are streaming to single-family rental homes, says data from analytics firm CoreLogic. The irony of the 1.75 million new renters is that they rent homes left vacant by other families through foreclosure
posted 7/20/12 12:37 PM read complete story
Apartment Market Continues To Soar
Despite weak job growth and other economic drawbacks, the apartment rental market continued to soar in May, with effective rents up 0.74% for the month and 3.29% year-to-date, says Axiometrics, a provider of data and advice on the apartment market
posted 6/27/12 4:56 PM read complete story
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