{"id":603,"date":"2017-03-15T18:21:20","date_gmt":"2017-03-15T18:21:20","guid":{"rendered":"https:\/\/www.horseproperties.net\/blog\/?p=603"},"modified":"2024-12-18T19:09:59","modified_gmt":"2024-12-18T19:09:59","slug":"developers-building-neighborhoods-rental-homes","status":"publish","type":"post","link":"https:\/\/www.horseproperties.net\/blog\/developers-building-neighborhoods-rental-homes\/","title":{"rendered":"Are Developers Building Neighborhoods of Rental Homes?"},"content":{"rendered":"<p><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">The rental market is slowing changing.<\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0 <\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">The aging population and many Millennials do not want to buy homes, they want to rent. Rather than renting apartments, they want single-family homes in nice neighborhoods.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">Within the last decade, single-family rental numbers have been soring. To meet this demand, many developers have begun constructing neighborhoods of single-family homes intended only to rent.<\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">To attract renters, these neighborhoods have all the amenities of traditional neighborhoods but with the management of an apartment complex. Many of these neighborhoods offer pools, workout facilities, and other various amenities. Yet, similar to an apartment complex there are maintenance teams that make regular repairs, lawn companies that maintain the yards and landscaping, and a leasing team to show available homes. <\/span><\/p>\n<p><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0<\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">These neighborhoods are also being constructed within good, quality school districts to appeal to the Millennials with families.<\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0 <\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">Yet, these neighborhoods are rarely constructed in areas where the value of land is extremely high. In certain areas of California, it would be difficult to buy the land, build the neighborhood, and still generate a sustainable profit. As of now, common states were these neighborhoods are being constructed include Nevada and Texas.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">The future of neighborhoods built solely for renters is bright.<\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">\u00a0 <\/span><span style=\"color: #000000; font-family: Cambria; font-size: medium;\">Whether renters do not want to buy a home due to their credit score or the difficulties of securing a mortgage, these neighborhoods will provide a solution.<\/span><\/p>\n<p><span style=\"color: #000080;\"><em>By Anna Hellman<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rental market is slowing changing.\u00a0 The aging population and many Millennials do not want to buy homes, they want to rent. Rather than renting apartments, they want single-family homes in nice neighborhoods.<br \/>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Within the last decade, single-family rental numbers have been soring. To meet this demand, many developers have begun constructing neighborhoods of single-family homes intended only to rent.\u00a0 <\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[72,17,23,74,73],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Are Developers Building Neighborhoods of Rental Homes? - Welcome to Horse Properties Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.horseproperties.net\/blog\/developers-building-neighborhoods-rental-homes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Developers Building Neighborhoods of Rental Homes? - Welcome to Horse Properties Blog\" \/>\n<meta property=\"og:description\" content=\"The rental market is slowing changing.\u00a0 The aging population and many Millennials do not want to buy homes, they want to rent. Rather than renting apartments, they want single-family homes in nice neighborhoods. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Within the last decade, single-family rental numbers have been soring. 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