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  • Metro East REIA
    • Jun 17, 2021
    • 1 min read

Built-to-Rent Suburbs Are Poised to Spread Across the Country

According to a new report from the Wall Street Journal (reposted on Realtor.com), a new trend of “built to rent” subdivisions are spreading across the county. The WSJ says these new subdivisions are managed more like apartment buildings and have designated staff for repairs & maintenance. In addition, data currently shows that built-to-rent home make up 6% of newly built homes, however experts have suggested that the number of these homes built annually will double by 2024. Continue reading HERE...

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