New rental developments are changing the American Dream of suburban homeownership [Los Angeles Times (CA)]
Invitation Homes Inc. (INVH)
Last invitation homes inc. earnings: 2/18 04:15 pm
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Source: Los Angeles Times
The young couple had just spent $15,000 repairing their air conditioning system, essential in the resort town where summer temperatures average more than 100 degrees. Soon, they feared, their three-bedroom house would need new windows and a replacement pump to clean the pool. And even after three years in their home, they had not gotten used to the desert winds howling at all hours outside their doors. “I was like, I can't do this anymore,” said Chelsey, 41. “One day I came home and I was like, ‘We're selling the house.'” But rather than find another property to buy, the Markses decided to abandon homeownership altogether. They've joined the growing numbers of people across the country who've chosen to rent a new single-family home in a subdivision designed only for tenants. In January, the Markses became two of the first residents of SolTerra, a 131-home community in La Quinta, 15 miles from their former property. They sacrificed their home equity and a low mortgage interest r
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INVH
News
- Invitation Homes Inc. (NYSE: INVH) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $38.00 price target on the stock.MarketBeat
- Invitation Homes Inc. (NYSE: INVH) had its price target raised by analysts at JPMorgan Chase & Co. from $35.00 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Esusu and the National Rental Home Council Unlock Unprecedented Economic Opportunity for Single-Family Rental Home Residents Nationwide [Yahoo! Finance]Yahoo! Finance
- Invitation Homes Announces Cash DividendBusiness Wire
- Invitation Homes: Positive June Update Strengthens Favorable Long-Term Dynamics [Seeking Alpha]Seeking Alpha
INVH
Earnings
- 4/30/24 - Miss
INVH
Sec Filings
- 6/14/24 - Form 8-K
- 6/14/24 - Form 424B5
- 6/14/24 - Form S-3ASR
- INVH's page on the SEC website