Invitation Homes CEO says he’s not worried about a housing bubble despite price spikes. Here’s why [CNBC]
Invitation Homes Inc. (INVH)
Last invitation homes inc. earnings: 2/18 04:15 pm
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Source: CNBC
“I would expect that home prices stay relatively stable, if not continue to grow in value for the homeowners in the country,” Tanner said. He said the supply-and-demand dynamics driving the hot market are unlikely to “change dramatically overnight.” In this article Invitation Homes CEO Dallas Tanner told CNBC on Friday the U.S. housing market remains “healthy,” downplaying concerns that the sharp rise in prices during the Covid pandemic is creating bubble-like conditions. In an interview on “Squawk on the Street,” Tanner said the supply-and-demand dynamics that have contributed to the feverish market conditions are unlikely to “change dramatically overnight.” That fact, combined with tighter mortgage lending standards instituted after the 2008 crash, lead Tanner to believe the housing market is in solid shape. As a result, he said, he’s not concerned about acquiring new properties for his Texas-based company, which rents single-family homes, “I would expect that home prices stay
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INVH
Earnings
- 2/13/24 - Miss
INVH
Sec Filings
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- INVH's page on the SEC website