Sentences with phrase «single family housing stock»

Not exact matches

There are very few large multifamily buildings in Park Slope and even fewer are ever offered for sale, particularly in close proximity to Prospect Park, as the majority of the housing stock surrounding Prospect Park is either single - family brownstones or has been converted to coops or condos.
As Australian housing prices have climbed, new buyers are increasingly choosing more modestly priced condominiums over single - family homes, and developers are obliging by increasing the stock.
And that's why REITs historically have stock - like returns, as does commercial real estate or single - family housing if you rent it out.
The single - family housing stock fell 13 percent between 2013 and 2014, to 17,065 homes from 19,595.
The reason that there are no buildings from Queens on the list, a housing agency spokesperson explained, is that that borough has primarily had single - family foreclosures, and does not have as much multi-family housing stock as the other boroughs.
In April, the Orlando Regional Realtor Association reported that median prices for single - family homes were up by 11 % compared to April 2016, corresponding with decreases in sales and available housing stock.
This is due, primarily, to a pronounced lack of supply of housing stock, particularly for low - density, single - family detached homes.
Single family homes account for over two - thirds of Oregon's existing housing stock.
Because the county consists mostly of upper - end, single - family houses, «They don't have the housing stock for the young families or for the nurses and other workers,» Iglesias said.
Some towns hope to benefit from a new tax and license fee revenue stream, while other areas seek to curb the conversion of single - family homes and long - term rental housing stock into transient accommodation.
Invitation Homes (NYSE: INVH) said Aug. 10 that it will combine with Starwood Waypoint Homes (NYSE: SFR) in an all - stock deal described by the two single - family rental housing REITs as a «merger of equals.»
Realize, though, that while investing in single - family rental houses is more stable than the stock market, rentals are not exactly liquid assets.
Pardee Homes, which is selling nearly 200 single - family homes in San Diego County this year, has made it a practice of diversifying its housing stock.
The reason for this is that as single - family homes age, they are more likely to transition from the owner - occupied to the rental housing stock.
Of course, the built - for - rent share of single - family homes is considerably smaller than the single - family home portion of the rental housing stock, which is 27 % according to the 2010 American Community Survey.
A surprisingly large share of this rental housing stock consists of single - family detached homes: 27 %.
When adding townhouses (single - family attached units), the share of the rental housing stock due to single - family homes is roughly one - third (34 % once rounded).
As you see some of that growth in the single - family market getting kind of transmitted over to multifamily, that's just putting greater pressure on household budgets and incomes, and the declining stock of affordable rental housing.
The closed sales count for multifamily listings is at 9,823, which is up 9.6 percent compared to 2016 numbers meanwhile single - family housing stock has dropped marginally year - to - date at a rate of about 5.1 percent.
The NAHB study provides a rundown of the top - 10 metros according to nine key measures, including: owner - occupied housing units; homeownership rate; home owner vacancy rate; share of single - family detached homes; value of homes owned; home owner incomes; growth in stock of single - family detached homes; and share of homes built recently.
However, they also note that, despite the elevated market share, the total number of single - family starts built for rental purposes remains fairly low, at just 21,000 homes started over the past year, while the single - family home portion of the rental housing stock is 27 % according to the 2010 American Community Survey.
the single - family home portion of the rental housing stock is 27 % according to the 2010 American Community Survey
His rough estimate: 5 to 10 percent of the state's single - family housing stock could be owned by international buyers.
Overall, both single - family and multifamily housing stock has lagged behind household growth in many markets — home ownership rates, under 64 percent, are still below historical averages, according to the U.S. Census Bureau's quarterly report issued at the end of October 2015.
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