Why Single-Family Rentals Boomed in 2019

With high prices and low inventory, more potential buyers are turning to renting single-family homes, pushing the stocks of companies that help facilitate these transactions way up. One example is Roofstock, a company focused on buying and selling rental properties. Although it just launched three years ago, the company already has two billion dollars in rental property transactions and 210 million dollars in sales for invitation homes. The number of sellers on its site has increased ten-fold from last year, and occupancy levels are at 96 percent, according to an index launched by the company this month.

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