American Find “Exurbs” a Better Housing Option

Many homebuyers, priced out of urban and suburban areas, are looking beyond… to a place called “Exburbia.”

The exurbs lie just beyond the more affluent suburbs and are quickly becoming an affordable option for Americans. In fact, the exurbs were the only regions that saw an annual increase in single-family permits in the Q1 of 2019.

The growing interest in the exurbs is a strong indicator that the U.S. housing market continues to be plagued by lack of affordability.

The exurbs are home to just 9% of the nation’s single-family construction, but its share is growing. And this is making real estate analysts a bit nervous because these exurban homes were abandoned when the housing bubble burst in 2008.

Could history repeat itself?

Read on at:

https://www.housingwire.com/articles/49154-priced-out-of-the-housing-market-more-americans-move-to-the-exurbs

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.