Can The Search For Home Supply Solutions Keep Up With Demand
Channel: Noel Christopher
Date: 2021-06-09

So much news around the #SingleFamilyRental space lately. From #BuildforRent to funds buying homes on the open market. This is all fueled by #Housing demand more than anything.

As John Burns aptly points out. There are a lot of homes flowing through the retail channels like the MLS. The number of homes on the market is going up. Transactions are happening. It is the demand for homes as the biggest factor fueling the lack of homes.

Yes, other contributing factors are moving the needle but demand is the biggest factor.

As we are rolling out our acquisition platform nationally, we are getting more and more funds that want us to help them buy homes. I believe there is more money than homes. Those who can operate will have a leg up.

As the demand for rental homes ramps up. Are we really keeping homeowners out of the market? I hear this often.

What I am seeing, and I'm not the first to talk about it. With home values going way up. It is pushing out the first-time affordable home buyer. So those people rent. The cost of building a home has put the affordability out of reach of many. They rent and then buy a move-up home later in life.

The good thing is that quality rental homes are being put to market that allows the homeowner-style living they can rent for many years.

What do you think??


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