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SFR’s Strong Returns Poised to Continue

IRVINE, CA—Average wage increases outpaced single-family rent hikes in 67% of the markets studied by ATTOM Data Solutions, a metric that the firm’s Daren Blomquist calls “a recipe for sustainable growth.”

ATTOM Data Solutions' Daren Blomquist ““Solid returns on single-family rentals will continue to be available in many parts of the Southeast, Rust Belt and Midwest,” Blomquist says.

IRVINE, CA—The market dynamics governing apartments may not apply in the separate but related sector of single-family rentals. However, ATTOM Data Solutions says that the strong fundamentals of the SFR market warrant investments in the sector, and the firm has ranked the best US markets for doing so.

“While good returns on single-family rentals are hard to come by in high-priced coastal markets and in some other housing hot spots such as Denver and parts of Dallas, Austin and Nashville, solid returns on single-family rentals will continue to be available in many parts of the Southeast, Rust Belt and Midwest for investors purchasing in 2017,” says Daren Blomquist, SVP at ATTOM.

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Paul Bubny

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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