VineBrook Homes Is Having a Fire Sale

VineBrook Homes Is Having a Fire Sale

Investor · Fort Lauderdale, FL · Member since 2013 · 917 posts · 606 votes

VineBrook Homes has gone from 53 homes for sale to 1,992 in six months.
I'm not math guy, but isn't that a 3,658% increase?
Is that even possible? Is it legal? Yes to both, and it tells us everything about where this landlord thinks the market is headed.

VineBrook isn't trimming the fat from a few underperforming properties.
This is a full blown autopsy. A landlord racing to exit before prices soften further.

The urgency shows up in the pricing data too:
In March, 30% of VineBrook's listings had price cuts. Today, 51%
In May, the median markdown was 6.5%. Today, 10%

More homes hitting the market. More of them getting cut. And the cuts getting deeper.
Testing the waters? No, that's a landlord trying to get ahead of a rising tide.
When one of the largest single-family rental operators in the country moves this fast, it's noteworthy.

Is it time to buy canned goods, ammo, and head to the bunker?

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2mo

    Potential for great opportunities for those interested in picking up some of these properties, as many of them already have tenants in place. 

    7e investments53 Reviews
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