Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market.
The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country.
Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors.
“We didn’t call it a bear market, but we did call it a lack of liquidity, which I details ⇒
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