Housing prices rallied in the first half of this year at their greatest increase rate since the beginning of the crash in 2006. Analysts are hesitant to predict a continuation of this trend however. Rising mortgage interest rates and anticipated increases in foreclosure inventories could stall or dampen recovery.
IPO Of Major Homes for Rent Company
We may see just how much average investors believe in the rental real estate market with the public offering of stock in American Homes 4 Rent coming soon. This company owns 19,000 homes and is going public to raise money to purchase more rental property. The shares are being priced somewhere around $16 to $18 each.
First Bond Offering Based on Rent Payments Coming Soon
Deutsche Bank and Blackstone Group are working together to offer the first bonds based on property rentals on nearly 2000 rent homes owned by Blackstone. Some analysts are wary, as it's never been done before and there is no history to evaluate the payment performance of renters.
Massive Price Recovery First Half of Year
Housing prices rallied in the first half of this year at their greatest increase rate since the beginning of the crash in 2006. Analysts are hesitant to predict a continuation of this trend however. Rising mortgage interest rates and anticipated increases in foreclosure inventories could stall or dampen recovery.
IPO Of Major Homes for Rent Company
We may see just how much average investors believe in the rental real estate market with the public offering of stock in American Homes 4 Rent coming soon. This company owns 19,000 homes and is going public to raise money to purchase more rental property. The shares are being priced somewhere around $16 to $18 each.
First Bond Offering Based on Rent Payments Coming Soon
Deutsche Bank and Blackstone Group are working together to offer the first bonds based on property rentals on nearly 2000 rent homes owned by Blackstone. Some analysts are wary, as it's never been done before and there is no history to evaluate the payment performance of renters.