Price growth that outstrips rent gains over an extended period could be a sign that homes are overvalued if capitalization rate had remained unchanged.
Investors’ recent acquisition spree showed its first signs of slowing down in the fourth quarter of 2021. After hitting historical peaks in the second and third quarters of 2021, the share of homes purchased by investors reached its zenith last October at 26.9% of total home sales
U.S. single-family rent growth increased 8.5% in July 2021, the fastest year-over-year increase in 16.5 years[1], according to the CoreLogic Single-Family Rent Index (SFRI).
In examining inflation, replacing Owners’ Equivalent Rent with the CoreLogic Single-Family Rent Index reveals that core inflation may be much higher than reported.
As the Dixie Fire continues to burn, we look to the past to understand its potential impact. Diving into the longitudinal effects of the Glass and North Complex Fires of 2020 reveals impact on rent and home prices in the surrounding counties.