Are you looking for Cape Coral listings for single family homes? Over the past two years, single-family rental market has attracted a flood of institutional investor capital, as several firms seek to build scattered-site property management infrastructure for an asset class that has long been the sphere of influence by small investors. According to Nick Timiraos of The Wall Street Journal, the demand for single-family rental housing is outstripping the available supply of homes.
The demand from Port St. Lucie, Fla.; Riverside, Calif.; and Tucson, Ariz., rose by 25% over the past year. In addition, 22 out of 30 markets tracked by CoreLogic have seen increasing every year. More than half of all rental units in America are single-family homes and four in five of those unit owners are individual investors.
The report also mentioned that North Port, Fla.; Cape Coral, Fla.; and Honolulu are three of the largest rent increases in America. Based on figures, the increase in these areas are about 6%. Houston and Raleigh, N.C., where the economy has fared better and the housing market wasn't as hard hit by the housing bubble have seen increase in home rentals as well. According to experts, the significant increase in single homes rental shows the rising tide of demand for this type of home.
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