Bullmen Realty India’s Post

🏘️ The rise of Build-to-Rent homes continues to grow, and market trends show that this sector will play a major role in housing for years to come! Read more: https://bit.ly/3XUsiQE #BuildToRent #RentalHousingTrends #SFRMarket #RealEstateInvesting #HousingShortage

"Madison also stands out among U.S. cities in demand for housing. In December, Madison had a 4.3% absorption rate — a measure of how quickly rental properties are being leased out — for multifamily units, the highest of any city in the country, according to CoStar, a commercial real estate database. Absorption rates measure the change in occupancy, or the rate at which apartment space is absorbed. Nashville and Salt Lake City follow with absorption rates of 4.2% and 3.6%, respectively." "Between February 2022 and February 2023, Madison posted the highest average rent increases in the United States at about 14%, according to Apartment List, which tracks housing data. The increase was smaller between February 2023 and February 2024, at 5.8%, but was exceeded only by Arlington, Virginia, a major Washington, D.C., suburb." American Planning Association - Wisconsin Chapter League of Wisconsin Municipalities City of Madison, WI Dane County City of Sun Prairie City of Middleton, Wisconsin City of Fitchburg - Wisconsin https://lnkd.in/gqKzRtUg

Exciting times in the housing market! 📈 The rise of build-to-rent communities is reshaping the American dream, offering flexible solutions in an increasingly competitive landscape. 🔍 Key Insights: The shift towards build-to-rent communities is evident, with a 45% increase in completed residential homes in 2023 alone. Despite comprising only 7.9% of single-family housing starts, this niche is addressing critical housing shortages across the nation. Renting now prevails as the more affordable option in nearly 90% of U.S. counties, driving demand for build-to-rent spaces. 🏗️ Industry Experts: As a company deeply invested in financing build-to-rent communities, Tower Capital recognizes the pivotal role these developments play in meeting evolving housing needs. With over 7,600 units financed since 2018, we've witnessed firsthand the transformative impact of these communities on individuals and families nationwide. 💡 Why Build-to-Rent? Build-to-rent not only offers immediate housing solutions but also fosters community engagement and lifestyle enhancements. From upgraded amenities to spacious layouts, these communities cater to diverse preferences and needs, positioning renters for a fulfilling living experience. 📈 Future Outlook: While the trend shows no signs of slowing down, external factors such as rising interest rates may influence the pace of construction. Nonetheless, Tower Capital remains committed to supporting the growth and sustainability of build-to-rent developments, ensuring continued access to quality housing options for all. 🤝 Get in Touch: Are you exploring opportunities in the build-to-rent space? Reach out to Tower Capital today to discover tailored financing solutions and expert insights to bring your projects to fruition. Let's shape the future of housing together. #BuildToRent #RealEstateFinance #HousingTrends #TowerCapital https://lnkd.in/gjVK-iGR

Residential Real Estate New build-to-rent neighborhood aims to inject housing into fast-growing Leander. 'It’s almost dumbfounding how expensive homes are to buy and own,' builder says. https://lnkd.in/gDuGnZby

America’s Rental Housing 2024, a new report from Harvard Joint Center for Housing Studies, takes a look at the state of the rental housing industry. Although the skyrocketing pace of rent growth over the past few years has shown signs of slowing, operating expenses and insurance premiums are rising for multifamily operators, impacting cash flows. Additionally, while high levels of new multifamily construction activity have recently slowed rent growth, the pace of development has decelerated considerably. Affordability issues continue to be an issue throughout the country. Younger generations of higher-income lifestyle renters will continue to drive rental demand, although the need for more significant investment in affordable housing and rental assistance is greater than ever. Read more key insights from the report here: https://bit.ly/3SRJnYV #ArborRealtyTrust #Multifamily #HarvardHousingReport

The real estate market surge has left middle-class individuals feeling squeezed, with the median home sale price in the US skyrocketing by over $118,000 in the past four years to $412,219, according to Redfin. Despite this, affordable housing options still exist in vibrant cities and hidden gems beyond the pricey urban hubs. 🌇🏘️🏙️ Check out the full article 👉 https://yhoo.it/497yabD. #RealEstate #AffordableHousing #HousingMarket

While not new, #HorizontalMultifamily has been a growing trend in the #BuildToRent since the 2008 financial crisis. Think of Horizontal Multifamily as renting a home within a subdivision community, where community-level amenities, like sports facilities, are shared amongst the community's residents. These types of #BTR communities ride the line between traditional single-family #HomeOwnership and #Multifamily rentals, catering to the demographics who favor the independence offered by single-family living, but appreciate the benefits of living in an apartment, like access to community-level amenities and maintenance-free living. As the nation continues to struggle with a #HousingShortage, the only answer to systematically address the problem, is to build more #housing. Where the #AmericanDream is often associated with single-family home ownership, these types of communities aim to provide a version of that to the people who value single-family living, without the hassles of ownership, like maintenance.

Navigating the Evolving Real Estate Market Insights on Transit-Oriented Development The real estate landscape continues to shift, influenced by economic trends and demographic changes. One significant factor shaping the market is the growing popularity of transit-oriented development (TOD). As urbanization accelerates and concerns about sustainability rise, TODs are becoming increasingly attractive to both developers and homebuyers. Key Trends Shaping the TOD Market * Economic Resilience: The prospect of a soft landing for the U.S. economy offers a positive outlook for real estate investments. TODs, in particular, are often seen as more resilient to economic downturns due to their strong demand and long-term value. * Rising Home Prices: While home prices continue to reach new heights, the pace of growth has begun to moderate. This presents opportunities for buyers seeking affordable housing options in TODs, where property values may appreciate at a slower rate compared to other areas. * Rental Market Stabilization: The rental market is expected to experience a slowdown in growth as more supply enters the market. This could create favorable conditions for renters seeking affordable housing options in TODs. The Appeal of Transit-Oriented Development TODs offer several advantages for both developers and residents: * Increased Accessibility: Proximity to public transportation provides residents with convenient access to jobs, schools, and entertainment. * Reduced Commuting: TODs can help reduce traffic congestion and improve air quality. * Sustainable Living: By promoting walkability and bikeability, TODs contribute to a more sustainable lifestyle. * Higher Property Values: Properties located in TODs often appreciate in value at a faster rate than those in suburban areas. Investing in TODs For investors, TODs can be a lucrative investment opportunity. By focusing on projects that are well-connected to public transportation and offer desirable amenities, investors can capitalize on the growing demand for this type of development. Conclusion As the real estate market continues to evolve, transit-oriented development is poised to play a significant role. By understanding the key trends shaping this sector and the benefits it offers, investors and homebuyers can make informed decisions and capitalize on the opportunities presented by TODs.

Mobile Homes: Why Their Values Stay Stronger Than Ever Historically, mobile homes have depreciated over time, but current trends suggest that the value of manufactured housing could remain more stable than ever before. Here’s why: 1. High Population Density and Affordable Housing Shortage: With increasing population density and a persistent shortage of affordable housing options, there’s growing pressure on the housing market. Rental rates are skyrocketing, and many consumers are struggling to find quality housing under $2,500 per month. 2. Manufactured Housing on Leased Land: Manufactured homes, especially those on leased land, are emerging as a viable solution. These homes offer a more affordable alternative compared to soaring rental prices. When the cost of a manufactured home aligns with market rents and is financed with a solid loan, it essentially establishes a new market price. 3. Market Conditions and Value Appreciation: In Arizona, we've already seen an appreciation in manufactured home values over the past five years. If rental rates remain high or continue to rise, the value of these homes is likely to remain strong. A stable or increasing rental market supports the value of manufactured housing, as it becomes a more attractive option for those seeking affordability. 4. Future Outlook: While it's impossible to predict with certainty, if rental rates stay consistent with current trends, manufactured housing in communities on leased land will likely continue to hold strong in value. Should rental rates increase further, it could potentially enhance the attractiveness and value of manufactured homes even more. In summary, manufactured housing is poised to remain a robust option in the face of escalating rental rates and limited affordable housing. With demand high and options limited, the value of manufactured homes may well continue to appreciate or at least hold steady. https://lnkd.in/gADHx-6k #ManufacturedHomes #MobileHomes #AffordableHousing #HousingMarket #RealEstate #PropertyInvestment #ArizonaRealEstate #HousingCrisis #HomeOwnership #RentalRates #InvestmentProperty #LeasedLand #HomeValues #HousingAffordability #RealEstateTrends #MarketAnalysis #HomeAppreciation #RealEstateInvesting #ManufacturedHousing #HousingSolutions

AMERICA'S RENTAL HOUSING 2024 - https://lnkd.in/g5CQc2mZ || Report PDF: https://lnkd.in/gyEntwQt Rental markets are finally cooling as a decades-high volume of new supply has come online, outpacing demand. Nevertheless, more renter households are cost burdened than ever before, and a record number of people are experiencing homelessness. Pandemic resources temporarily shored up the housing safety net, but the need for rental assistance remains greater than ever. Additionally, the aging rental stock requires significant investment to address structural inadequacies, inaccessibility, and climate risks. Making these investments is challenging, given the current market environment of increasing operating expenses and high interest rates. Despite today’s difficult conditions, strong demand from the Gen Z, millennial, and baby boom generations should ensure that the rental market slowdown is short lived. Rental Markets Are Softening Rental markets are rapidly cooling after a period of significant overheating. Rent growth has almost completely stopped, following historically high rent increases in both 2021 and 2022. In the third quarter of 2023, rent growth plummeted for professionally managed apartments to just 0.4 percent, down from 15.3 percent in early 2022, according to RealPage (Figure 1). While rents slowly rose across property classes, the pace of growth was under 1 percent in the third quarter of 2023 for lower- and higher-quality apartments alike. #housing #renting #leasing #rentalhousing #rentalmarket #costburden #affordability #housingstock #construction #multifamily