Who is the largest owner of single-family homes in the US?
Invitation Homes is the largest single owner of single-family rental homes in the United States, managing more than 80,000 homes as of 2021.
Among racial demographics, White Americans had the country's highest home-ownership rate, while African Americans had the lowest home-ownership rate. One study shows that home-ownership rates appear correlated with higher school attainment.
American Homes 4 Rent holds around 57,024 single-family properties (here). BlackRock is a shareholder in both companies (here) (here). There are 94.6 million single-family houses in the United States, according to the latest data available from the U.S. Census Bureau American Housing Survey (2019) (bit.ly/3seI7kV).
That amounts to 15 percent of all first-time home buyers. In an already daunting market, investor purchasing is adding to the obstacles. “The more that investors buy up entire communities and turn them into rental communities — people don't have a choice anymore,” said Ms.
Only one state—New York—has a majority of its housing in the form of multi-family units, with only 46.6% single-family units. In contrast, more than half of all states have 70% or more single-family units, led by Indiana and Kansas at 78.5% apiece.
In fact, 72.5% of single-unit rental properties are owned by individuals, while 69.5% of properties with 25 or more units are owned by for-profit businesses.
| Rank | Company | Total Owned (Units) |
|---|---|---|
| 1 | Greystar | 146,631 |
| 2 | Nuveen | 98,825 |
| 3 | LaSalle Investment Management | 80,965 |
| 4 | Lincoln Property Co. | 54,200 |
At the same time that the working-class is going hungry, rich people are doing so outstandingly well that they are running out of easy places to park their cash, which is why they're buying 2,000 square-foot houses in the Phoenix suburbs via their ownership stakes in these funds.
With prices hitting new highs and many sales going for well over the asking price, buyers were wealthier with a median household income of $102,000. They were also overwhelmingly white, at 82%, and heterosexual, at 89%, of buyers. Just 6% were Black, 6% were Asian, and 7% were Hispanic.
| Headquarters in Midtown Manhattan, New York City | |
|---|---|
| Net income | US$5.90 billion (2021) |
| AUM | US$10.01 trillion (2021) |
| Total assets | US$152.65 billion (2021) |
| Total equity | US$37.69 billion (2021) |
Who owns the most rental properties in the US?
“Mom and Pop” Landlords Own 20.5 Million Rental Units
Of the approximately 50 million rental housing units in the United States, around 41% of the rental units are owned by mom and pop landlords, also known as individual investor landlords.
So, it should come as no surprise that homeowners put down roots here (literally and figuratively). Roughly 48 percent (47.9, to be exact) of all owner-occupied homes are mortgage-free.
Real estate investors bought a record 18.4% of the homes that were sold in the U.S. during the fourth quarter of 2021, according to a new report from real estate brokerage Redfin. That's up from 12.6% a year earlier and a revised rate of 17.4% in the third quarter.
There are more empty homes in Florida than anywhere else, according to a new LendingTree study of home vacancies across the United States. Overall, the study found more than 16 million houses sit empty across the country.
A total of 7.5 million single-family homes were started and 7 million single-family homes were completed between 2012 and 2021, while 12.3 million households formed in the same period, according to Realtor.com. Florida topped the list of states with the most home vacancies, reporting 1,680,844 empty units.
There were 37 million one-person households in 2021, or 28% of all U.S. households. In 1960, single-person households represented only 13% of all households. The number of families with their own children under age 18 in the household declined over the last two decades.
John Malone owns the most land in New Hampshire and is also the largest private landowner in the United States.
Residential real estate acquired by companies or institutions soared to 90,215 homes in the third quarter of 2021, as investors, both large and small, accounted for 18% of single-family home sales. That's up 80.2% from the year prior, according to the online real estate firm Redfin.
While he notes that companies own around 300,000 US homes so far, this is just the tip of the iceberg, as they're wealthy enough to buy, and tech-savvy enough to manage, “multiples more” with “ruthless efficiency.”
Investors bought 24 percent of all single-family houses sold nationwide last year, up from 15 percent to 16 percent annually going back to 2012, according to a Stateline analysis of data provided by CoreLogic, a California-based data analytics firm.
What percentage of homeowners have no mortgage US 2021?
The percentage of US households owned free and clear is a fair 37% according to Bloomberg's data analysis from Zillow. The past decade has seen a 5.5% rise in homeowners paying off their mortgages.
A: 37% of U.S. households no longer have a home mortgage to pay, according to a Zillow data analysis.
In the fourth quarter of 2021, institutional investors spent approximately $50 billion to buy more than 80,000 homes—18.4% of all homes purchased in the U.S. and nearly 75% of them single-family homes, according to the real estate company Redfin.
The supply shortage is also an advantage for landlords, as many people who can't find a home to buy are forced to rent instead. Plus, investors who 'flip' homes see potential to turn a big profit as home prices soar.”
