Rental Housing

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. …

Single-family homes now comprise 35% of all rentals and 11% of all households. Source: U.S. Census Bureau; John Burns Real Estate Consulting estimates What’s driving demand? From 2005 to 2012, single-family rental homes grew 1.7% per year, primarily due to: …

Of the 5.3 million households who lost their home to a foreclosure or short sale from 2007 to 2013, we believe that: 889,000 have already repurchased a home. 1.6 million will be stuck renting for at least the next seven …

John Burns was on Fox Business News recently alongside MBA’s Chief Economist, Jay Brinkman, discussing single-family renters and current trends in homeownership.   Watch the latest video at foxnews.com Watch the video.

Apartment builders continue to feverishly build to capitalize on rising rental rates and favorable demographics, but construction is reaching danger levels in some markets. Uniquely Competitive Environment With homeownership costs at the lowest levels in decades and a surge in …

At RSI’s The New House community in Beaumont, CA (Riverside-San Bernardino MSA), future residents can choose to: Buy for $1,576 per month Rent for $1,700 per month Lease-to-Own for $2,015 per month More than 30% of customers are choosing the …

Speaking at a recent conference, John and a panel of apartment experts share their thoughts on the current and future state of the apartment market.   If you have any questions, please contact John Burns at (949) 870-1210 or by …

There are 44 metro areas which will double their multifamily construction this year. Among the major markets, the growth is staggering: The Boom Has Just Begun Despite the boom, many of these markets are far from their peak levels of …