Developers Build on Home Rental Success With Whole Communities

Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took advantage by buying low-price homes in foreclosure in order to rent them out to tenants.

Read More

Previous California Needs to Build a Staggering Nmber of Homes
Next KB Home Announces the Grand Opening of Centerpointe in Downey

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

Hand-Wringing Over Rising Rates

By John McManus Are rising interest rates eroding demand momentum? It’s really tough to do the math, because cause-and-effect doesn’t come purely into play, and even correlations are hard to

Homebuilders / Land Developers 0 Comments

Lennar Begins Construction on 450-Unit Rental Project in West Covina

One of the nation’s largest homebuilders, Lennar, commences construction on a 450-unit mixed-use project in West Covina. As one of eight projects in their Southern California multi-family portfolio, it appears

Housing Market

How a Return to Multigenerational Living is Shifting the Housing Market

Shifts in senior living, immigration, and affordability have brought extended families together under the same roof