Housing-News-Report-November-2018

Contents

FEATURED ARTICLE

P1 FEEDING THE SINGLE FAMILY RENTAL BEAST

Tight inventory is a common challenge facing both individual and institutional single family rental investors across the country. Meanwhile the appetite for more SFR inventory continues to grow as a new wave of institutional capital builds. Industry innovators are rising to meet this challenge through a variety of inventory-inducing channels, including off-market, build-to-rent, and iBuyer initiatives. Housing News Report explores the success and viability of these initiatives through interviews with industry experts and proprietary data analysis.

P1

P11 CLIENT CORNER: OPCITY “DECIDES WITH DATA” TO SOLVE LEAD CONVERSION PROBLEM

In less than three years in business, Opcity went from an idea to a $210 million exit in the form of a sale to News Corp subsidiary Move.com, operator of Realtor.com. Founder and CEO Ben Rubenstein talks about that journey in this Q&A with Housing News Report , explaining how the problem the company set out to address was a lead conversion problem and diving into the data-driven approach to solving that problem.

P11

P15 MARKET SPOTLIGHT: RUST BELT RENTAL TOUR

Given the shortage of housing inventory in many parts of the country, real estate investors are looking for markets where they can still get discounted prices and steady cash flow, even if it means conceding higher appreciation rates. Those markets can be found in spades in the Rust Belt, and Housing News Report takes a look at opportunities in five prominent Rust Belt cities — Cleveland, Detroit, Indianapolis, Milwaukee and Pittsburgh — through the eyes of local market experts overlaid with data.

P15

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P23 BIG DATA SANDBOX: AMERCA’S MOST VACANT

Nearly 1.5 million U.S. single family homes and condos were vacant at the end of Q3 2018, according to an ATTOM Data Solutions analysis of county tax assessor data. The 1.5 million vacant homes represented 1.52 percent of the total 95.1 million single family homes and condos nationwide, but the vacant home rate was more than three times as high in 10 counties.

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