Rapidly rising home values combined with low national wage growth is thwarting profitability on single-family investment properties in markets like San Francisco, New York City and D.C. Some of the nation’s most expensive for-sale markets trail the national average in single family rental returns, according to RealtyTrac’s first-quarter single-family rental market investing report.
- Some of the nation’s most expensive for-sale markets trail the national average in single family rental returns.
- Home values outpace rents in 55 percent of the markets analyzed, which generally indicates a lagging rental market as compared to homeownership, yet wage growth surpasses rents in 43 percent of markets.
Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018