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Rental Market Gives Homebuilders Some Hope in 2019


Conventional wisdom says that the weakening housing market means a bad year for homebuilders in 2019.

However, amidst the gloom in the construction business, there’s a surprising ray of hope: single-family rental homes. In fact, a new wave of forward-thinking builders are foregoing building big expensive homes in the suburbs and instead are developing detached rental homes with small footprints and high-end amenities, aimed at baby boomers who want to downsize and millennials saddled with big student loan debt.

For example, Todd Wood, owner of Christopher Todd Communities LLC built more than 450 homes in the Phoenix metropolitan area last year and has plans to take his company national.

Says Wood, “We want to be the largest branded single-family developer in the country. In 10 or 15 years, we would love to have 300,000 or 400,000 homes.”

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.

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