Recent Posts
Featured Posts

A Country of Renters?


Home renting vs. home-owning trends in the US are clear: we are becoming a nation of renters. Home-ownership is at 50-year lows.By extension, we are also becoming a nation of landlords.

In 2016, “37% of homes sold were acquired by buyers who didn’t live in them,” so said a recent report created by ATTOM Data Solutions and ClearCapital.com Inc. In 2004, only 24% of all homes in the US were not owner occupied.

(A percentage of those homes include second homes, or fix an flip investor acquisitions.)

Many of the new landlord class are small investors who buy one or two homes for investment, or professional investors, who may own from 10 to several hundred homes.

The percentage of institutional class investors – private equity firms – has declined as smaller investors have increased. “In 2012, institutional investors accounted for 7.8% of home sales,” according to the study. At the end of 2016, by contrast, institutional investors comprised 2.9% of all homes owned.

The new landlord class “see rental properties as an attractive way to save for retirement,” according to ATTOM.

Please click here for the full story on Bloomberg.

Looking to invest in single family homes without becoming a landlord? Consider investing in a professionally managed portfolio of single-family homes. Contact Harold Willig at 917-209-4452 or harold.willig@springviewinvestments.com

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.

Follow Us
Search By Tags
Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • LinkedIn Social Icon

@ 2017 SpringView Investments, LLC    All Rights Reserved.    Brooklyn, NY 11210      Legal     Sitemap     Site by Serebrin Partners 

For more information:

917-209-4452