Would-be homebuyers are all asking if the US property market will have more supply next year. In this article, we look at the forecasts for inventory levels in 2024 and what this means for buy-to-let and build-to-rent investors.
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.
Higher prices, more expensive mortgages and an increase in sales form the basis of predictions for the US property market in 2021. This scenario has interesting implications for investors. Find out why in our latest news article.
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.
The trend for staycations and search for new homes lead to busy winter for short-term lets in Florida. Rates look set to double in some areas predicted to see record levels of occupancy. According to new survey data, staycations are here to stay during 2021 as well.
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.
Price hikes, lower inventory levels and fast sales in September set the tone for an unusually busy autumn for the US property market. Competition for homes will be fierce and many buyers will not be able to purchase the property they want. As a result, opportunities for buy-to-let investment will open up even further.
Data compiled recently from 2019 reveals that condo properties in the US appeal strongly to millennials and first-time buyers, to the extent that supply dropped to just 4 months at the end of the year. Prices continue to rise across the country with Florida one of the hotspots for investment in this type of property.
Despite unemployment and lower GDP growth, the effects of covid-19 are sustaining the US housing market. Pending sales and house prices are increasing while inventory levels plummet meaning analysts forecast stiff bidding wars between buyers over the rest of the summer.
With staycations acting at the mainstay for most tourist industries this year, holiday let properties are at a premium. Discover where the best places are for US vacation rental homes in 2020.
Four months after the start of the pandemic, the US real estate is showing strong recovery. In late July, it surpassed the 100 mark on the realtor.com index, indicating that it had returned to January levels. However, despite booming sales and rising prices, supply remains very low and it is very much a vendor's market.
A recent survey reveals a sharp twist in trends among tenants and a strong potential for buy-to-let in the US. With 23% of renters now claiming they will never buy their own home, buy-to-let investment appeals even more. Find what the new trends are and what their implications for the buy-to-let market as a whole.
US homebuilding saw a record month in June when sales by one of the largest construction companies skyrocketed by 94%. Permits and building work have also increased on the back of strong buyer demand for larger single-family homes in suburban locations.
Record buyer interest and surging house prices suggest that the US real estate market has recovered its pre-pandemic levels. And based on the latest figures, analysts are predicting the busiest summer ever, although buyers face a chronic lack of supply.
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.
While some asset classes such as stocks and shares are currently riding a rollercoaster, multi-family properties offer solid investment potential. Consistent and sustained demand means this type of real estate investment stands out against all others at the moment.
