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Todman on HUD’s steps to increase supply, review rules and get the money ’out the door’   

Housing Wire

But they face competition from large institutional investors in the housing market. There’s been a fair amount of supply that’s been removed from inventory when we think about the large institutional investors who are buying and selling single-family homes. We don’t see the supply.“

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Hometap reaches $1B in home equity investments 

Housing Wire

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. And it boasts a home renovation calculator and home service offerings from Hometap’s partner network.

Investing 283
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Redwood Trust finalizes acquisition of lender Riverbend 

Housing Wire

CoreVest provides financing to real estate investors across the country and as of late June boasted more than $15 billion in loans closed and some 125,000 units financed, according to the lender. Over the last 12 months, Riverbend [founded in 2017] has originated over $1.0 The company employs more than 50 people.

Finance 357
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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

Many are in need of significant repairs but are owned by mom-and-pop operators without the capital necessary to carry out critically needed renovations. Rents increased only nominally over the following nine years, commensurate with the cost of the work to renovate the community – and still very affordable.

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Opinion: SFR companies not to blame for lack of inventory

Housing Wire

This point was highlighted recently in a Freddie Mac report dated June 6, 2022, which concluded, “investor purchases are only modestly elevated and are of secondary importance to first-time buyers,” and that corporate owners “remain so small that their market share only has a modest impact on the overall percentage of investors.”.

Inventory 320
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Recapping Some of the 2017 Real Estate News that is Impacting Investors

Patch of Land

Investors Enjoy a Resurging Market. The renewed interest is being driven by investors hoping for a high return. This may encourage investors to hang onto the properties they are renovating and consider keeping them as rental properties. Sit back, relax, grab a cup of coffee, and find out what you might have missed.

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A Solution For Fix-and-Flip Investors Facing Today's Tightening Housing Supply

Patch of Land

Patch of Land's CMO, Robert Greenberg, is a member of the Forbes Real Estate Council and recently shared his thoughts on new development opportunities for Fix and Flip investors. With a tightening housing supply, and increased demand, what are investors to do? fell for 31 straight months through the close of 2017.