One trend to watch in the real estate market in the coming years is that demand for single family homes specifically built to rent is expected to grow, according to a recent report.
Real Estate Advisors is forecasting that, given current demographics of more householdings hitting the life stage where single-family housing better suits their needs, demand for built-to-rent homes is set to increase.
"Given demographic trends RCLCO forecasts much greater demand than the current pace of production, which could result in a significant supply shortfall, suggesting the sector presents a strong market opportunity in the coming decade," according to the report, written by managing directors Gregg Logan and Todd LaRue.
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Max Mitchell
Max Mitchell is ALM's Regional Managing Editor for The Legal Intelligencer, New Jersey Law Journal, Delaware Business Court Insider and Delaware Law Weekly. Follow him on Twitter @MMitchellTLI. His email is [email protected].
