The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
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SVN Live 2.5.24 Weekly Property Broadcast
1. W E E K L Y
P R O P E R T Y
B R O A D C A S T
DATE
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February 5, 2024
2. W W W . S V N . C O M
E C O N O M I C
U P D A T E S
P R O V I D E D B Y
3. E C O N O M I C
U P D A T E S
W W W . S V N . C O M
P R O V I D E D B Y
● The average age of a head of household
moving into an SFR in 2022 was just 38.8 years
old. Conversely, the average age of preexisting
householders in SFR was nearly a decade older
at 47.1. Furthermore, almost half of all new SFR
renters were below the age of 35 — compared
to just a quarter of preexisting SFR renters.
● Considering new SFR households are, on
average, younger than their preexisting SFR
neighbors, it would be reasonable to expect
them to have lower incomes due to less career
experience. Yet, the data indicate otherwise.
Instead, new SFR households out-earn
preexisting SFR households by an average of
more than $11k. New SFR households have an
average annual household income of $83,635,
while preexisting SFRs earned $72,246.
Who is moving into SFR?
14. F E A T U R E D INVENTORY
W W W . S V N . C O M
15. F I N A N C I A L S U M M A R Y
F E A T U R E D
I N V E N T O R Y
F I N A N C I A L
S U M M A R Y
B U Y - S I D E
C O M M I S S I O N
W W W . S V N . C O M
$1,012,583+
$56,876,104+
31. E V E N T S
W W W . S V N . C O M
E V E N T S
& W E B I N A R S
WEDNESDAY
FEBRUARY 7
HOSPITALITY PRODUCT
COUNCIL MEETING
3:00 PM EST | 12:00 PM PT
February 5-10, 2024
33. Please visit www.svn.com for
more information on the
properties featured on today’s call
and to view all of SVN’s active
listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not verified it and make no
guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used
are for example only and do not represent the current or future performance of the property. You and your
advisors should conduct a careful, independent investigation of the property to determine to your
satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.