With skyrocketing home prices, insufficient housing inventory, and crippling student debt, many potential homebuyers simply don’t have the means to save up for a downpayment on a home. For many, that leaves rental as the only option, and a pair ...
Read More »Five Minutes With: Brian Grow, President, Morningstar Credit Ratings
Editor’s note: this feature originally appeared in the April issue of DS News, out now. In his new role, Grow oversees the day-to-day operations of Morningstar’s structured finance, corporate credit, and financial institutions ratings business. Before being named President of Morningstar ...
Read More »Maintaining Middle-Income Housing Supply
Much of the discussion about housing trends of late has focused on the highs and lows. On the upper end of things, home prices are booming and not likely to come down soon. Unfortunately, that trend, combined with nationwide housing ...
Read More »Fewer Renters Planning to Buy a Home
Amid heightened concern for housing affordability and overall rental satisfaction, renting has become increasingly favored among some segments of the population in the United States. Among renters, 67 percent say they believe renting is currently more affordable than owning a ...
Read More »Single-Family Rental: Opportunities and Growth
Beth O’Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O’Brien’s leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. ...
Read More »How Short-Term Rentals Impact Home Inventory
A recent WalletHub study found that Hawaii was the state with the lowest effective tax rate at 0.27 percent, but that isn’t helping when it comes to maintaining an affordable housing stock in the Aloha State. Most of the country ...
Read More »Low-Income Rental Housing Shortages Happening Nationwide
The nationwide shortage of housing inventory is a daily topic in the industry in 2018, with accelerating home prices combining with inventory shortfalls to make it very difficult for many potential homebuyers to find an actual home to purchase. The ...
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 »Rental Markets vs. Buyer Markets
Do real estate market conditions favor buying or renting? The Beracha, Hardin & Johnson Buy vs. Rent Index is designed to provide guidance to consumers struggling with that choice. The index, conceived by faculty from Florida International and Florida Atlantic ...
Read More »Rental Vacancies Down, But Houston Rate Still Running High
According to Morningstar Credit Ratings, the average vacancy across single-borrower, single-family rental securitizations was down in January 2018, dropping to 5.0 percent from December 2017’s rate of 5.2 percent. Morningstar’s latest Single-Family Rental Research report says the drop is likely ...
Read More »