Measuring Rents With Single-Family Demand

first_img Measuring Rents With Single-Family Demand About Author: Seth Welborn Share Save  Print This Post Home / Daily Dose / Measuring Rents With Single-Family Demand Tagged with: Investment Rent September’s National Association of Homebuilders (NAHB) September 2019 Real Rent Index increased 0.2% over August’s reading after essentially no growth between June and August, NAHB reports. NAHB constructs a “real” rent index to indicate whether inflation in rents is faster or slower than overall inflation, providing insight into the supply and demand conditions for rental housing. A previous NAHB post shows that the Consumer Price Index (CPI) in September was flat from August on a seasonally adjusted basis, and “core” CPI rose by 0.1 percent during the same period.Single-family rents are making up a larger portion of rents. According to the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were 11,000 single-family built-for-rent starts for Q2 2019. According to a post on the NAHB’s Best in American Living blog, renting by choice–instead of owning outright–is becoming increasingly popular among millennials.The blog said that this was where newly constructed built for-rent single-family homes came into the picture. These homes, according to the blog, present millennials “with a terrific opportunity to live the American dream–without the additional responsibilities and stress of homeownership.”The blog indicated that one of the key reasons for the rise of these built-for-rent homes was diminishing affordability.The post, written by BSB Design, said that transitioning from a multifamily property to a single-family home was a “move-up” solution for families that desired “to have the flexibility to travel, live a low maintenance lifestyle, or avoid financial burdens.”Another recent NAHB study indicated that renting was more popular in some cities than others. The study, which examined the type of rental structures people live in and their spatial distribution said that the number of renters expanded to reach 34% of the population between 2007 and 2017. The share was at 30% in 2007.The reasons, the NAHB study said was the disruption of home construction during the Great Recession and the more recent declining affordability to own homes. In fact, single-family rentals or detached rentals accounted for 40% of all the rental stock between 2007 and 2017 more than any other structure type. The Southeast and the West, the study indicated, had the highest concentration of renters, especially for single-family homes according to data from the 2017 American Community Survey. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Investment Rent 2019-10-11 Seth Welborn Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago October 11, 2019 979 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Previous: Federal Reserve Board Finalizes Risk Profile Rules for Banks Next: What’s Behind Racial Disparities in Homeownership? in Daily Dose, Featured, Investment, News Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

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ATHLETICS NEWS: STOCKDALE WINS AGAIN

first_imgFinn Valley AC’s Helen Stockdale.Finn Valley athlete Helen Stockdale’s winning streak continued last night when she clinched an impressive victory in the annual Millisle (Co Down) six mile road race.After claiming gold medals over 400 metres, 800 metres, 1500 metres and 3,000 metres at the NIMAA Track & Field Championships on Saturday last, the Northern Ireland international star showed her ability over the longer distance with an impressive win in 37:08.Orangegrove AC’s Leann Gibson followed in 39:47  with Julie Murphy (Lagan Valley AC) in third  in a time of 40:36.  ATHLETICS NEWS: STOCKDALE WINS AGAIN was last modified: September 4th, 2014 by johngerardShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:finnhelenmilemillisleraceroadsixstockdalevalleylast_img read more

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PAOK Squeaks By Panetolikos, 1-0

first_imgPAOK of Thessaloniki joined Olympiakos at the top of the Greek soccer Super League on Sept. 22 with a 1-0 win over Panetolikos.PAOK had scored 13 goals in its last three games, including six against Dinamo Minsk of Belarus in a European league game, but struggled against its Greek opponent.The win for PAOK came on a penalty kick by Robert Mak on the 36th minute, and the visitors only had one more good chance in the game, hitting the woodwork on the 64th, but were not threatened with the exception of an injury-time scare.Atromitos reacted to its 1-0 loss at OFI Crete with the sacking of manager Giorgos Paraschos on Sept. 22. Former OFI boss Sa Pinto, from Portugal, is the leading contender to take over at Peristeri.TweetPinShare0 Shareslast_img read more

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