This segment first appeared in the 12/30/22 episode of the Atlanta Real Estate Report…
Let’s look at some publicly-traded companies in the housing sector…
Publicly-traded companies are the “fulcrum” between Wall Street and Main Street. They allow us to participate in the long-term growth of the real estate industry with a much lower investment than owning real property directly — and, in the case of rental property, with less headaches. They also allow us to focus our investment capital on very specific sectors and segments of the industry.
> > > Click on the company names below to access their investor relations pages…
Home Builders — DR Horton + Century Communities + Lennar + Pulte Group + Meritage + Taylor Morrison + Green Brick Partners + Toll Brothers + Beazer + LGI
Banks — Truist + Bank of America + Wells Fargo + Synovus + Ameris + United Community + JP Morgan Chase + Regions + South State + OZK
Mortgage — Rocket + United Wholesale + Loan Depot
Residential Brokerage — Anywhere + Berkshire Hathaway + Compass + + RE/MAX
iBuyers & Hybrids — eXp + Offerpad + Opendoor + Redfin + Zillow
Single-Family Home Rental — American Homes 4 Rent + Invitation Homes
Commercial — CBRE + Cushman & Wakefield + JLL + Colliers
Building Supplies — A.O. Smith + Carrier + Owens Corning + Home Depot + Mohawk Industries + Sherwin Williams
Home Furnishings — RH + Sonos + Lazy Boy + Sealy + Wayfair + Williams-Sonoma
Exchange Traded Funds (ETFs) — SPDR® S&P® Homebuilders ETF + iShares U.S. Home Construction ETF + Invesco Dynamic Building & Construction ETF + Hoya Capital Housing ETF
Real Estate Investment Trusts (REITs) — Separate topic / future episode
Public REITs own 535,000 properties across the U.S. as of year-end 2020.
Equity and mortgage REITs combined own roughly $3 trillion in gross real estate assets.
Private REITs own an additional $1.5 trillion in gross assets bringing the total REIT ownership value to $4.5 trillion in the U.S. as of year-end 2021.
U.S. REITs contributed the equivalent of an estimated 3.2 million full-time jobs to the economy in 2021 generating $229 billion of labor income.
REIT activities resulted in the distribution of $92.3 billion of dividend income in 2021.
Source: Nareit