U.S. HOUSING MARKET IS MISSING 3.3 MILLION HOMES, FREDDIE MAC SAYS

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In a recent report from HousingWire, Freddie Mac claims that the U.S. housing market is undersupplied by 3.3 million units as builders struggle to meet rising demand. While the housing shortage has historically been concentrated on coastal markets, migration to more affordable states such as Texas and Minnesota has put a strain on local builders who haven’t been able to kick their operations into high gear to keep up. Compounding this issue, most builders focus on a traditional for-sale homes which leaves an even larger deficiency for quality rental product.

This nationwide shortage creates an opportunity for investors to step in and provide the housing that the country so desperately needs. Pintar Investment Company’s Opportunity Zone Fund targets markets where the housing shortage is most severe and, through partnerships with local builders, develops rental communities that help to meet this overwhelming demand. If you’re interested in learning more about the fund, please reach out to us at investorrelations@pintarinvestco.com.

To read HousingWire’s report please click here