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No, Wall Street investors haven’t bought 44% of homes this year

Housing Wire

Are big Wall Street investors really buying 44% of homes this year? Housing inventory is near all-time lows, but big institutional investors like Invitation Homes or BlackRock aren’t to blame. The first chart below, provided by Freddie Mac , shows where large institutional buyers rank as a percentage of the marketplace.

Investors 522
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Why investors believe CoStar holds a big advantage post-NAR settlement

Housing Wire

The opposite trajectories of their stock prices seem to reflect investor appetites for their different business models. Last December, Zillow netted 105 million unique visitors, according to Comscore data cited in Zillow’s investor materials. Zillow For years, Zillow has dominated online home listings.

Investors 387
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Real estate investors snagged more entry-level houses than ever: Redfin

Housing Wire

Real estate investors purchased 26.1% By comparison, investors purchased 13.6% As mortgage rates and home prices have remained elevated across the board, investors have mirrored consumer homebuyers and have shifted their focus toward more affordable homes. I just sold one foreclosed house to an investor for $400,000.

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Buyers are struggling to compete in the white-hot Cincinnati market

Housing Wire

Buyers are really struggling.” Agents say they are also seeing a lot of appraisal gap clauses , inspection waivers and free leasebacks popping up in offers as buyers look to improve their chance of winning a house in the current market. But rising prices are not the only financial challenge buyers are having to contend with right now.

Buyers 376
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Institutional buyers pumped the brakes on purchase activity in 2023

Housing Wire

In December 2023, a startling rumor started to spread on social media — that large institutional buyers had purchased 44% of the available homes on the market in 2023, leaving policymakers concerned with the potentially predatory grip of these entities. New Western , meanwhile, also stood out as a marketplace for real estate investors.

Buyers 365
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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools.

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Private-label securities are in demand as investors bet Fed peak is reached

Housing Wire

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” The pool of non-QM borrowers includes real estate investors, fix-and-flippers, foreign nationals, business owners, gig economy workers and the self-employed.

Investors 348