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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We In addition, any reprieve in the housing inventory shortage created by more multifamily units hitting the market is expected to be short-lived.

Investors 426
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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. You can see the percentage of home-buying by big investors — those with 1,000 properties or more — is tiny. since 2000.

Investors 521
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Housing inventory still near record lows

Housing Wire

months’ worth of housing inventory in the U.S. NAR: First-time buyers were responsible for 28% of sales in March; Individual investors purchased 17% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 29 days. We only have 2.6

Inventory 518
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Debunking the housing inventory myth in preparation for 2023

Housing Wire

Fueled by the work-from-home exurb mania which joined forces with the newly minted individual and institutional passive investors, outsized demand was created that defied demographics. However, the story of 2023 may be very different than what any of us expect due to the oncoming avalanche of inventory we may see and its implications.

Inventory 487
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Investor Sentiments Predict Tight Inventory, Inflation into 2022

Appraisal Buzz

The latest edition of the RealtyTrac Investor Sentiment Survey has confirmed something many investors already knew: the real estate market is in a worse place than it was a year ago. The post Investor Sentiments Predict Tight Inventory, Inflation into 2022 appeared first on Appraisal Buzz.

Inventory 195
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Mortgage market affordability and inventory challenges

Housing Wire

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

Inventory 390
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Housing inventory is still at a crisis level

Housing Wire

So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. In Dallas, listings under $2 million have less than three months of inventory. Historically, it took these thin markets anywhere from six to 12 months to sell listed inventory.

Inventory 413