How The Rental Property Market is Changing

How The Rental Property Market is Changing: "SAN FRANCISCO–New data show that increasingly private investors are taking advantage of low mortgage rates and rent growth by investing in rental properties, which is affecting the supply of homes and, as a result, prices on both homes and rental rates.

According to data released by Zillow, the share of single-family homes being used as rental properties is at a 30-year high, and the number of starter homes on the market is down more than 44% from 2012.

The real estate analysis firm Ten-X reported that prior to 2009 before institutional investors moved into housing, more than 95% of rental homes were owned by investors who owned five or fewer properties. With investment firms now slowing their pace of acquisitions, individual investors are back in the market, the firm said."



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5 tips to bounce back after a foreclosure or short sale | Miami Herald

5 tips to bounce back after a foreclosure or short sale | Miami Herald: "Philip and Denise Powell lost their home in 2011 after Philip's hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become homeowners again, so they rolled up their sleeves and got to work.

The Highland, California, couple got financial counseling. They took control of their credit reports, tackled high-interest debts and cut spending. In 2015, they bought another home.

"We thought we'd never recover," Philip Powell says, recalling the devastation they felt after losing their home. "No one in California was ready for the crash; it hit us hard."

Their story is typical of the more than 9.3 million homeowners who lost a home through a distressed property sale from 2006 through 2014, according to the National Association of Realtors."



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