Homebuilders in the US can look forward to a year of “healthy fundamentals”, on the back of solid sales in 2023 and rising demand. A recent report from Moody’s confirms the sector’s potential for 2024.
Built-for-rent investment storms Southwest Florida this year as demand for single-family homes surge and the sector consolidates its business model. Analysts expect to see a 'tidal wave' of this type of investment in 2022.
The market for build-to-rent properties in the US has taken off this year in the light of strong demand for single-family homes in suburbia. Analysts point to multiple investment opportunities in a market with big interest from REITs and non-property investment funds as well as individual investors.
Latest figures for pending sales show that new builds in the US continue to boom. The 45.8% rise in the year to October is the highest since spring 2007. Housing starts have also risen along with permits in Southwest Florida, making this a prime market for investment in new single family homes.
In Q3, US house prices rose across the board with 65% of metros registering double-digit increases. Single-family home prices rose in every one of the 181 metros included in the NAR report as the market shows no signs of flagging in 2020.
Builder confidence in the US reached an all-time high in October after a record September. This together with a surge in demand and the increase in single-family home starts and sales leads experts to believe the market has excellent potential in the short and medium term.
Discover why Florida takes 13 out of 25 spots in rankings for the best place to retire in the US 2020/21. And why Sarasota is the best of all.
Demand for new homes in Southwest Florida reached record levels recently on the back of pent-up demand, low supply and low interest rates. Analysts believe that this demand is set to continue as shifts in lifestyle favour customised housing with space for families.
Ever-rising property prices and lack of supply mean that more and more households in the US are renting instead of buying. As a result, demand for single-family rentals in the US rose sharply in Q2 2020 to reach an all-time high.
The long-awaited figures for the Florida property market in Q2 2020 show a mixed bag. On the one hand, median prices rose as did pending sales, but on the other, supply plummeted. The lack of available single-family homes leads experts to augur strong bidding wars over the next few months.
Florida real estate registered rises in both pending sales and house prices in May, indicating strong pent-up demand with the market. Property prices saw their 101st consecutive month of increases and supply levels dropped to a new low for single-family homes.
Despite a quiet few weeks with no viewings, the US property market has recently seen in surge in demand for single-family homes, particularly in suburbia. This plus the shortage of supply has also led to a rise in the number of new-build starts and permits.
A new study looking at the impact of new-home builds reveals its potential to lead the way in the US economy. The sector is set to have particular relevance as the nation moves forward in containing the covid-19 pandemic. One of the biggest advantages that new-home builds offer is their scope for the job market and by extension, the US economy.
When it comes to retirement locations, Florida ranks as the American state for both US and foreign retirees. The Sunshine State offers sunshine, beaches and affordable living, all desirable features for those about to enter their golden years. But certain locations stand out such as Tavares and Sarasota, rated as the best places to retire in Florida in 2020.
Like many countries in the world, the US finds itself in a coronavirus lockdown. The effects of this situation are widespread and have reached all corners of the economy including property. However, despite the media hype and uncertainty, many of the effects on the US coronavirus real estate market appear to be positive. This is particularly true for investors looking at buying now.
To ensure profitable real estate investment you need certain factors such as high population growth, a buoyant economy and strong tourism sector. Florida generally offers all three, but some areas offer far better potential than others. Southwest Florida is one of them and in this news article, we look at six compelling reasons to buy property in an area with plenty to offer investors, residents and tourists alike.
