First-time home buyers, single-family rentals part of early pandemic real estate landscape

Elliott Pollack
Elliott Pollack

By Philip Haldiman | Peoria Independent

Local real estate experts came together virtually for a webinar May 29 to discuss the state of the industry in Arizona with two topics emerging — activity from first time home buyers and a continuing shift to single family rentals.

These have been themes as the pandemic has evolved.

The forum was part of Rose Law Group’s virtual series The New Economy Power Lunch.

Darryl Berger, co-founder of BB Living, which specializes in build-to-rent properties, said that pre-pandemic, economists espoused up to 10% of U.S. housing starts should be for rent, and now that could increase to 15%.

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