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Investors are buying more, but spending less

Housing Wire

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4% of all home purchases nationwide, compared with 11.5% of the market.

Investors 545
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Home Point Capital agrees to settle investor lawsuit for $5M

Housing Wire

Before the acquisition by Mr. Cooper was completed in August, Home Point Capital agreed to settle for $5 million a class action lawsuit filed in 2021 by investors claiming the company made false and misleading statements related to its initial public offering (IPO).

Investors 319
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Investor Activity Stalls in Q4 of 2021

Appraisal Buzz

The investing spree for single-family homes seems to be slowing in the fourth quarter after hitting what appears to be peaks in the second and third quarters of 2021. The share of homes purchased by investors reached its peak in October 2021 at 26.9%

Investors 150
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Investors are buying up single-family homes across the US

Housing Wire

After three straight quarters of declines, home purchases by investors rose 2.7% year over year in the first quarter of 2021, marking the first period of growth since the COVID-19 pandemic began, per a new study from Redfin. Investor purchases of single-family homes rose 4.8% Investor purchases of high-priced homes jumped 19.8%

Investors 541
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UWM targets real estate investors with new loan product

Housing Wire

According to UWM, the product called Investor Flex is a 30-year fixed Debt-Service Coverage Ratio (DSCR) loan option for real estate investors. It will also be offered for short-term rental properties, giving brokers another competitive selling point when targeting real estate investors,” the company said in a statement Wednesday. “It

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Institutional Investors Reach Seven-Year High in Home Purchases

Appraisal Buzz

With an emphasis on the Golden State, investors in 2021 comprised the highest share of single-family home and condo sales nationwide since 2013. The post Institutional Investors Reach Seven-Year High in Home Purchases appeared first on DSNews.

Investors 397
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Mom-and-pop landlords stepping in as ‘mega-investors’ retreat from single-family market

Housing Wire

Single-family home purchase demand by investors remained steady in the fourth quarter of 2022, despite a dip in iBuying and larger investor demand, according to a report released this month by CoreLogic. However, this is in general alignment with investor purchase activity during Q4 of both 2019 and 2020, respectively.

Investors 390