New data from Parcl Labs reveals how the share of single-family homes owned by investors shifted by market between March 2021 and March 2024.
ResiClub PRO | Despite the spike in interest rates, CEO John Isakson of ARK Homes for Rent tells ResiClub about their BIG plans to expand.
ResiClub PRO | Not only is 96% of mortgage debt in the U.S. fixed rate, but 38.5% of homeowners don’t have a mortgage at all.
In 2023, there were a record-breaking 27,495 build-to-rent homes completed, up 75% from 2022 and a staggering 307% since 2019.
D.R. Horton CEO Paul Romanowski: 'we have certainly seen more inventory in the market today on the resale side than we have in the past.'
ResiClub PRO | The Lance Lambert House Price Tracker just got updated to include the latest house price analysis
The forecast published this week by Zillow predicts that U.S. home prices will rise +1.4% between March 2024 and March 2025.
The "higher for longer" sentiment has been shared by analysts on Wall Street, coinciding with a bounce back in mortgage rates.
Yardi: "still sizable under-construction pipeline will support a high level of completions in 2024 and 2025, with new supply bottoming in 2026"
ResiClub PRO | We reached out to Zillow to get their raw analysis looking at the markets most affected by the lock-in effect.
NAHB provided ResiClub with the national averages for itemized costs in each stage of construction for a new single-family home.
Regionally speaking, the year-over-year inventory shift varies a lot.