Historical Institutional Investor Share of Home Purchases
“There are a lot of buyers, both big and small, looking to grow their SFR portfolios and inventory is very tight. This is leading to creative ways to find new product—from build-to-rent programs, off-market inventory programs, and iBuyer initiatives,” said Kevin Ortner, CEO with Renters Warehouse, a company that manages more than 22,000 SFR properties in 42 states.
“There are several firms positioning themselves to help bring supply to meet the demands of investors, and I expect that will continue to grow. I’m also seeing investment in technology and data across the space allowing greater scale, efficiencies, and insights.”
“A properly priced rental home today, there is almost limitless demand for it,” said Gary Beasley, CEO and co-founder with Roofstock, an online marketplace for SFR properties that itself is working on ways to create SFR inventory for both retail buyers and institutional buyers. “We have to get creative about how to attract this inventory, and if it isn’t available to create it.”
Read more in the ATTOM Data Solutions November 2018 Housing News Report newsletter
For the full analysis: https://www.attomdata.com/news/market-trends/single-family-rental/2018-state-of-the-single-family-rental-market-report/
October 2018 foreclosure data is now available at the State/MSA/County/ZIP and City level. A summary of the data (and heat map) is posed here: https://www.attomdata.com/news/market-trends/foreclosures/foreclosure-activity-report-october-2018/
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