Items Tagged with 'rental homes'

ARTICLES

New Arizona law removes citywide Airbnb restrictions

Municipalities can no longer restrict short-term rentals
Airbnb and other short-term rental websites could soon become more popular in the state of Arizona thanks to a new law that took effect on January 1. According to a report from the Arizona Daily Sun, the state’s new laws stipulate that cities, towns, and counties cannot put any restrictions on short-term rentals “simply because the property is not classified as a hotel.”
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Airbnb limits long-term housing options and tenants start to fight back

Bloomberg reports on landlords choosing short-term renters
As more investors and landlords move to list houses and apartments on short-term rental websites, like Airbnb, rather than seek long-term renters, a fight is emerging over the impact of this shift on renters. A new report shows just how contentious the fight over Airbnb is becoming in certain expensive markets, such as San Francisco.
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Altisource Residential doubles single-family rental portfolio with $652 million deal

Agrees to buy 4,262 rental homes
When Altisource Residential said last year that it planned to grow its portfolio of single-family rental homes by 900% – from 2,516 to more than 25,000 – over the next few years, the company apparently wasn’t kidding. Altisource said Friday that it is buying a portfolio of 4,262 single-family rental properties for an aggregate purchase price of $652.3 million, a deal that more than doubles Altisource’s rental holdings.
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KBRA: Rent-to-own properties problematic arena for investors

Let’s tap the brakes on the whole 'future of housing' thing
A recent report from Moody's highlighted the benefits for consumers and investors that stem from Home Partners of America’s rent-to-own program, but a new report from Kroll Bond Rating Agency throws a wet blanket onto anyone who posited that rent-to-own could be the “future of housing.”
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American Homes 4 Rent announces merger with American Residential Properties

Two of the fastest-growing companies in housing form SFR monolith
In a move that will create the largest publicly traded single-family rental home company, American Homes 4 Rent announced Thursday that it will merge with American Residential Properties. The merger will increase American Homes 4 Rent’s total single-family rental portfolio to 47,315 homes.
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HomeUnion expands again; begins lending to single-family rental investors

Investors can take out up to 10 GSE-backed mortgages
HomeUnion, an online real-estate investment management firm, is expanding from helping investors identify single-family rental properties to purchase to actually helping them buy the properties. HomeUnion announced Tuesday that it is launching a new division, HomeUnion Lending, which will focus on lending to single-family rental investors.
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