SFR

Investors have committed nearly $1 billion in equity to Quinn Residences as it amasses its portfolio.

The past year was a record year for land sales volume and price appreciation in many markets, according to Cushman & Wakefield.

A collapse in nominal rents would have been far worse because prices for some goods and services are often sticky on the downside.

Long constrained by a lack of inventory and high prices, home buyers must now also contend with decades high inflation and rapidly rising mortgage rates.

Enticed by rapidly increasing rents in the sector, investors have accounted for more than one-quarter of all single-family home sales in recent months.

Rent-to-own startup Pathway Homes plans to spend an initial $750 million acquiring houses on behalf of its customers, who will lease the properties with the option to purchase them.

More than a third of people surveyed by Zillow said it’s tougher to purchase a home than to find a spouse in today’s market.