Waypoint Homes Realty Trust Inc. becomes the latest single-family rental
company to announce plans to rise up to $100 million in an IPO. The race is
on to raise money on public capital markets for the ltest big thing in real
estate: renting out single-family homes, The Wall Street Journal reports.
a mearly five-year high the previous month, the commerce Department
The number of people living in pverty in U.S. suburbs surpassed the number
of poor in cities over the past decade, driven by strong growth in overall
suburban populations, according to an analysis released on Monday.
The housiing market may be recovering, but for many renters, things aren't
looking up. Owning a home has become more affordable, renting less so.
From 2008 to 2011, renters' housing costs increased almost 6 percent. While
their imcome fell 3.2 percent, according to a recent report.
Both Fannie Mae and Freddie Mac have implemented policies to expedite
the short sales process, including new resources to help determine property
values, according to panelists at a property valuation forum during the
The sharp upturn in the housing market over the past year has more
economists and housiing pundits worried about a housing bubble.