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Sign into your accountReal Estate News: Tightening SFR Rental Market Presents Broker Opportunities
November 15 2012
A number of factors are contributing to heat up the Single-Family Rental Market. A perception that in many markets pricing has bottomed out and is beginning to increase has brought more investors into the market. At the same time, the aggregate number of ex-homeowners forced to rent after a foreclosure event is at an all time high.
Nationwide, rental leasing volumes have been up every month during the last two years. Year-to-date, leasing volume is up 12 percent year-over-year. Listing time is steady at six weeks.
Smart brokers will find a way to insert themselves into a market where demand is up and supply is down. Read the latest MarketPulse Report for more detail and city/state specific statistics.