Challenges and Opportunities in Single Family Rental Market
Recently, the rental market in the United States has experienced a notable increase in new offerings. This is primarily comprising high-end apartments. However, what does this inflow mean for individuals seeking a single family for rent homes? Check out this blog post to know more about this concept. Understanding the Shift According to a recent study, the peak rental season from April to June shows a decrease in competition compared to the previous years. This shift can be attributed to the increased inventory of rental properties in every part of the US. Moreover, there is also a decrease in the number of prospective renters per unit. Studies About Single-Family Rental Homes: Some studies have analyzed various metrics across 139 U.S. markets. This includes occupancy rates, lease renewal rates, average number of prospective renters per unit. It also includes an average number of vacant days and the share of new apartments introduced during peak season. Notably, more than half