What’s new at AMH

What’s new at AMH

AMH AMH

AMH

Home, simplified.

发布日期: 2023年9月26日
+ 关注


  • With home prices and interest rates continuing to rise, the monthly cost to own a home remains financially out of reach for many families. It now takes?nearly 12 years?for a typical first-time buyer to save up for a down payment, compared to 9 years prior to the pandemic, according to Zillow . And Redfin ?reported?that median monthly mortgage payments reached a record high of more than $2,600 during the four weeks ending September 10. Visual Capitalist recently released a chart comparing the cost of owning vs. renting a home in the U.S. today:

Source: Visual Capitalist

  • In this backdrop, professional single-family rental providers are “playing key role in boosting housing supply and allowing families to live in neighborhoods otherwise not accessible,” Nareit reports. In the article, AMH CEO David Singelyn points out that, especially in major markets where rent is often over 25% more affordable than ownership, “this high-quality housing option is so important in communities. If you want economic growth, people need access to affordable homes.”

  • Some of these companies, like AMH, are also working to add new inventory to the market through build-to-rent programs, contributing solutions to the nation’s undersupply and underbuilding challenges. “We have a national crisis because of the lack of supply.?We need the Federal and State levels to deploy capital now and reduce zoning to start bringing costs down,” writes Willy Walker , Chairman and CEO of Walker & Dunlop, Inc., one of the largest commercial real estate finance and advisory services firms in the United States. “This affordable housing and national homelessness crisis can only be eased by increasing the supply of housing to push down costs.”

  • SVP of Development Robert Broad joined RESNET on their recent RESTalk podcast to discuss our approach to?sustainability and focus on building?energy-efficient?homes using scalable techniques and measurable goals. Listen in:

  • With more than 8,000 homes already delivered nationwide, we’re excited to be expanding our homebuilding footprint in Arizona. Learn about our new home communities and planned amenities in the greater Tucson market:

  • We’ve added new onsite amenities at our Mojave Hills community in Las Vegas, Nevada, to enhance the resident experience:

领英推荐

  • Through our social impact program, AMH Cares, we strive to support our neighbors and strengthen our relationships with local communities by investing in the well-being of the people where we live, work, and operate. Learn about our recent collaboration with HomeAid to support families living with housing instability:

  • This month, AMH CEO David Singelyn joined other industry leaders for a keynote panel at the National Rental Home Council ’s Georgia State chapter launch event in Atlanta. They discussed why build-to-rent makes sense for both builders and residents, which benefits single-family rental companies are bringing to the market, and how the sector is addressing affordability challenges as part of its focus on the resident experience.
  • On October 7 and 8, the AMH team led by our LGBTQ+ Employee Resource Group will be attending the Las Vegas PRIDE Parade and Festival, which is celebrating its 40th edition this year. See you there !

  • We were recently recognized as one of Fortune’s Best Workplaces in Real Estate and one of America’s 100 Most Loved Workplaces by Newsweek! Check out career opportunities here .

  • Through our robust talent development program, we work to develop ethical leaders who can lead the housing sector into the future responsibly. “Developing strong leaders is the best investment a business can make. Since launching, we’ve seen improved team morale, better talent retention, and greater organizational success,” says SVP of Human Resources Lisa Phelps, MBA . “But talent development is not just about future-proofing. It’s more aspirational than that. We’re training our workforce to lead the industry responsibly, and giving them the tools to create a better future for housing for all.” Read the full article on our blog:


AMH AMH

AMH

24,598 位关注者

订阅
Douglas Bendt

New York City residential real estate sales; national single-family tenanted rental portfolios and build-to-rent

1 年

I'm surprised to see such sloppy analysis of housing affordabiity on this site. Simply building more homes as Wily Walker, chairman of Walker Dunlop suggests, is not the answer. We need to build more homes of the right kind! Over the past several decades, the median-sized house has increased by roughly 50% to 2400 sqft from 1600 sqft. (Last year showed a small decline.). Yes, interest rates have risen, but affordability of a 1600 sqft home obviously is greater than the affordability of a 2400 sqft home for the same level of interest rates and the same level and distribution of income. Unless and until builders can be incentivized to build smaller houses, building more houses won't solve the affordability problem.

赞
回复
查看更多评论

要查看或添加评论，请登录

AMH的更多文章

社区洞察

其他会员也浏览了