Nationwide, the typical home costs 25% more to buy than rent, according to a new report from Redfin. Click here to see which major metro areas topped the list of places where mortgage costs are lower than estimated monthly rental costs.
Read More »Single-Family Rental Summit Dives Deep Into Investment Opportunities
This week an array of housing and mortgage professionals are assembling at the Renaissance Nashville Hotel in Nashville, Tennessee, as the 2018 Five Star Single-Family Rental Summit kicks off. The three-day event began Monday evening with an opening night reception ...
Read More »Facebook Accused of Letting Discriminatory Housing Ads Slip Through
Facebook has committed to preventing discriminatory advertising practices. However, a recent test of those policies suggests discriminatory ads may still be a problem on the site.
Read More »Amherst Sells 757 Rental Properties to Altisource
This is Amherst’s second transaction with Altisource Residential. Amherst and Altisource Residential have agreed to transact on up to an additional 2,750 single family rental properties in 2017. Under the terms of the agreement, Altisource Residential has purchased a 100 percent equity interest in the portfolio, and Amherst sponsored entities are providing seller financing equal to 75 percent of the sale price.
Read More »Survey: Most Investors Would Rather Rent Homes Than Flip Them
The majority of investors who bought homes at auction last month intend to hold onto them as a source of rental income, according to a report from real estate marketplace Auction.com. Isolating online buyers, Auction.com found a preference in the group toward renting rather than flipping, though responses differed by region: Renting was easily was preferred choice for properties in the Midwest and South, barely edged out flipping in the West, and was less popular than flipping in the Northeast.
Read More »