SFR: Battle for Product

[Benjamin Torres]

There has been an institutional investment of ~$4.7 M and many smaller and mom/pop operators are wising up to parts of the game.

Couple the rush of the everyday person/investor looking to secure a place to rest their heads and we have witnessed a push upwards with some speculation saying land prices with rise my multiples in the coming years.

Many of these same folk are doing the same things aka waiting on the foreclosure moratorium to be lifted so hop on perspective flood of 'deals' to be auctioned off.

Materials like lumbar and concrete are seeing significant price movement upward, leading builders to pause and play in spurts.

With all this, my question is, will the SFR market actually cool down or are we in the midst of a major competition hike that will lead prices to only go up for the foreseeable future?

Not to be alarmist, just more interested to hear what others are thinking with real estate on fire.

Cheers,