Tagged : seller's market RSS Feed

Found 1 blog entry tagged as "seller's market".

Big news in the North Texas real estate market, as awareness of a new institutional investor spreads across communities. Billionaire B. Wayne Hughes, founder of Public Storage, and the newly-founded American Homes 4 Rent, has recently purchased close to 200 homes in the Dallas market and with plans to turn all of them into rental properties.  

American Homes 4 Rent is now the largest institutional investor in North Texas covering Dallas, Collin, Tarrant and Denton counties. Aside from the monopoly being created in the metroplex, nationwide American Homes 4 Rent has purchased close to a further 10,000 homes. This makes it the second-largest accumulation of single-family homes in the history of the USA. 

Due to the aggressive collection of homes, this…

9,177 Views, 0 Comments