Renters of Single-Family Homes: Who Are These People?

Single-family home renters are an interesting demographic. And they’re also quite different from multi-family home renters.

That’s according to a study by John Burns Real Estate Consulting.

First off, SFR renters earn 31% more per year than multi-family renters, who earn $32,400. And they’re more likely to be married and have kids.

While many SFR renters would like to own their own homes someday, most of them have not saved enough money for a down payment or have poor credit ratings.

The infographic below is illustrative:

Given the nature of the current tight housing market, the smart money is on those who invest in single-family homes or REITs; it’s a growing market with great potential.

Read on HERE

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

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.