Saturday 1 December 2018

iBuyers are fueling the single-family rental craze

Home-buying startups that use technology to offer sellers a quick deal are increasingly offloading homes to institutional players that convert the homes into rentals. One in 10 homes sold by startups like Opendoor and Offerpad were snapped up by such institutional investors so far this year, according to a new analysis by Attom Data Solutions. They’re then being put back on the market as single-family rentals, a burgeoning and inventory-strapped sector of the housing market, […]



source https://therealdeal.com/2018/12/01/ibuyers-are-fueling-the-single-family-rental-craze/

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