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Housing Dimensions Blog

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For Rent Beating For Sale

by Rick Palacios Jr.

The stock market has changed its tune from being bullish on for-sale housing to being bullish on rental housing. Apartment stocks are up 35% YTD, and single-family rental stocks are up 5%—while the home builders are flat.


Sources: John Burns Real Estate Consulting, LLC; Thomson ONE

While survey after survey (including our own) indicates that consumers overwhelmingly want to own a home at some point in their lives, there is a big difference between the ambition to own and the ability to own. Increasingly, it appears that financially strapped families desirous of single-family living are turning to rental housing.

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Happy Thanksgiving

by Alex Martinez

"The year that is drawing towards its close, has been filled with the blessings of fruitful fields and healthful skies."

-President Abraham Lincoln, Nov. 28, 1863
(A Proclamation of Thanksgiving excerpt)

As 2014 draws to a close, we can all be thankful for the national economy's steady improvement. Over the last year, the nation has:

  • Added 2.8 million jobs,
  • Grown GDP by 2.3% (average 3 quarters),
  • And, lowered the unemployment rate to 5.8%.

The national real estate market has benefitted from this economic improvement as well:

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Rental Demand: Think Young and Old

by Wade Mains

Apartment developers and operators should not ignore the quickly growing demographic of aging Americans. In the near future, when designing new apartment complexes, developers will most likely have to make a choice of which demographic to target: young or old. Your standard apartment renter has historically been young (25–34 years old is the biggest cohort) and either single or newly married, maybe with a young family. However, with the continued, projected growth of the 65+ population, there will be more demand for active adult rental communities. How do their tastes and desires differ from your standard renter?