With supply low and demand high, rentals are on a hot streak.
As the housing market improves, rental demand wanes. Where does that leave investors?
Investor groups are obtaining big loans to turn foreclosed properties into rentals.
Since the housing market collapsed, rental demand has increased, along with prices. But how much would you pay to live in a premier property? The owners of the tallest residential building in the Western hemisphere, in Lower Manhattan, are betting renters will pay up to $60,000 per month. That’s right: per month. The 76-story building,
One promising piece of news in the housing crisis for developers and investors is rental property, which has seen a surge as homeownership rates have fallen off. As builders seek ways to tailor rental units to the needs of renters, the Wall Street Journal reports that they are increasingly looking at single mothers. Census data