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  • Investor Bloat Flattens Single Family Rents 0 comments
    Apr 15, 2013 4:13 AM

    Nearly 4 million more single-family homes have been added to the rental market since 2005. This new supply has fully caught up with the increased rental demand during the housing crisis - causing single-family home rents to flatten nationwide.

    Nationally, rents rose 2.4 percent year over year. For apartments only rents rose 2.9 percent Y-o-Y, while rents for single-family homes were flat, rising just 0.1 percent Y-o-Y. In Las Vegas, Orange County, Los Angeles, Atlanta, and Phoenix, where investors have actively bought and rented out single-family homes, rents are either falling or flat. Even in single-family rental markets where rents are up, such as in Tampa and Dallas, asking prices to purchase homes rose much faster than rents.... Read more

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