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Institutional investors now balk at buying homes in this market niche

Housing Wire

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza. in 2009.

Investors 392
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Opportunities to improve the home-building process

Housing Wire

The build process was a logistical nightmare from start to finish. So many times I wondered to myself, “Why are site logistics and materials managed by someone in a truck writing on a notepad?” “Why I know that’s not the case for most people. There are tons of overlapping components to understand. Why are costs so unpredictable?”