Sunday, April 3, 2016

RealtyTrac Ranks Best Markets for Buying Single Family Rentals in 2026

       
Daren Blomquist

 IRVINE, CA — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, released its Q1 2016 Single Family Rental Market Report, which ranks the best markets for buying residential rental properties in 2016.

The report analyzed single family rental returns in 448 U.S. counties each with a population of at least 100,000 and sufficient rental and home price data. 

Rental data was from the U.S. Department of Housing and Urban Development, and home price data was from publicly recorded sales deed data collected and licensed by RealtyTrac markets.

“Rapidly rising home prices and tepid wage growth have dampened single family rental investment returns and growth potential in many markets, but there are still plenty of solid opportunities available for real estate investors willing to cast a wider geographic net,” said Daren Blomquist, senior vice president at RealtyTrac.

 “Rents are rising faster than median home prices in 45 percent of the markets analyzed — indicating continued strong demand for rentals in those markets — while annual wage growth is outpacing rent growth in 43 percent of the markets — indicating room for rising rental returns in those markets.”


For a complete copy of the company’s news release, please contact:

Jennifer von Pohlmann
Sr. Public Relations Manager
Office: 949.502.8300 ext 139


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