For property investors, the price of homes is still not right
Higher interest rates and record home prices are cited for the pullback in buying.
Source: livemint.com
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Higher interest rates and record home prices are cited for the pullback in buying.
The single-family rental (SFR) sector and its close cousin, the fix-and-flip market, are now essentially treading water in an environment of high interest rates, approaching 8%; high home prices; and a dearth of home-purchase inventory.
At the National Association of Real Estate Editors’ conference, a key topic was the present and future of single-family rental developments.