Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data. That was up from 40% a year ago.

Housing Market 380

Housing Market Buyers Marketing Retail 380

Housing Wire

SEPTEMBER 23, 2022

Contrary to their portrayal as indiscriminate buyers of properties far and wide, providers of single-family rental homes are working diligently to respond to the demand for quality, affordably priced rental housing in safe, well-located neighborhoods. of the nation’s total housing inventory. Rather, large companies own less than 1.5%

Inventory 316

Inventory Housing Market Investors Investing 316

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. is lacking about 320,000 listings valued at the affordable range for middle-income buyers.

Investors 339

Investors Housing Market Marketing Renovations 339

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 324

Renovations Buyers Development Insurance 324

Housing Wire

OCTOBER 28, 2021

“It’s worth noting that there will be less inventory until the end of the year compared to the summer months, which happens nearly every year.”. Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. Presented by: Auction.com.

Inventory 414

Inventory Renovations Contracts Buyers 414

Eppraisal

AUGUST 25, 2023

In the ever-fluctuating world of real estate, buyers often face a multitude of challenges. However, two significant hurdles that are currently prevalent are the combination of low housing inventory and high-interest rates. Be Ready to Act Quickly Low inventory means that desirable properties won't stay on the market for long.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

MAY 30, 2024

My advice for those buyers is to be open-minded: Consider single-family homes that are a bit outdated but don’t need major renovations, and/or homes in lesser-known, non-trendy neighborhoods. Buyers who can get by with less space should consider a condo; they’re relatively unpopular right now and many are going under asking price.”

Renovations 376

Renovations Buyers Real Estate Mortgage 376

Housing Wire

APRIL 21, 2022

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 384

Investors Renovations Marketing Retail 384

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home.

Renovations 96

Renovations Marketing Real Estate Agent Sellers 96

Housing Wire

OCTOBER 25, 2021

In addition, with one-third of homes stayed on the market for less than a week and inventory was down 13% from a year prior. “Buyers also aren’t having to offer as much above the asking price as they were in the spring, when competition in the housing market was peaking. and, Hartford, CT and Sarasota, FL both at 39.1%.

Renovations 403

Renovations Inventory Agents Housing Market 403

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. Seeking new inventory sources. Beniston noted demand is also strong for rentals that YNDC has renovated after purchasing in distress. But now gentrification is an issue.”. We have a plan for every parcel.”.

Buyers 329

Buyers Development Renovations Retail 329

Housing Wire

MAY 23, 2024

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. It can make sense in the current environment since a buyer can assume a seller’s 2% to 4% mortgage rather get a new one at 7%. We don’t see the supply.“

Renovations 303

Renovations Investors Housing Market Law 303

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 419

Real Estate Agents Marketing Sellers 419

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices.

Mortgage 463

Mortgage Real Estate Agent Renovations Finance 463

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. Jumbo products.

Housing Market 424

Housing Market Marketing Inventory Lending 424

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

Mortgage 424

Mortgage Renovations Appraisal Process Finance 424

Housing Wire

JUNE 3, 2022

Although housing inventory is beginning to increase, demand continues to exceed supply even as mortgage rates have spiked,” Mike Frantantoni, the Mortgage Bankers Association’s SVP, said in a statement. “If Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?

Construction 425

Construction Renovations Transportation Real Estate 425

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Growth prospects At the end of September 2022, Opendoor had 16,873 homes in inventory. For the same period this year, the company has 4,007.

Marketing 392

Marketing Inventory Renovations Investors 392

Kairos Appraisal Services

DECEMBER 16, 2021

There’s no doubt that 2021 was a hot real estate market, but there was another hot market this year, and that was the renovation market. Because of a lack of inventory, many homeowners opted to stay put in their homes and create their dream home in their current home.

Renovations 52

Renovations Inventory Real Estate Marketing 52

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Buyer Resources. Cost of Materials. What You Can Do. Additional Resources.

Renovations 55

Renovations Buyers Home Improvement Realty 55

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Now that interest rates are rising, there’s a true lack of affordable housing for buyers.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

FEBRUARY 28, 2022

The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said.

Housing Market 348

Housing Market Marketing Buyers Agents 348

Housing Wire

MAY 17, 2023

In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. There’s going to be a lot more distressed inventory, not because of foreclosures, but just because of that [the aging of the property].

Finance 343

Finance Marketing Renovations Investors 343

Housing Wire

MAY 21, 2024

I’m still focusing on those markets with very low (retail) inventory. Most properties that sell at foreclosure and REO auctions are in need of major renovations, far from being in fully repaired condition. That puts it firmly on a very well beaten path when it comes to demand from buyers at foreclosure auction. in Q1 2023.

Marketing 419

Marketing Investors Real Estate Investing 419

Housing Wire

DECEMBER 2, 2020

For-sale inventory is at record lows. Four renovations to consider before selling your house. A whopping 63% of sellers are also buyers, which poses yet another concern. With housing market inventory so low and home prices rising, how will homeowners find a replacement property once their house is sold? Health concerns.

Housing Market 457

Housing Market Sellers Marketing Renovations 457

Housing Wire

MARCH 26, 2024

In addition, any reprieve in the housing inventory shortage created by more multifamily units hitting the market is expected to be short-lived. And even though we expect to see a large delivery of multifamily units over the next few years, this will not resolve the broader lack of inventory that we see across the country.”

Investors 424

Investors Marketing Inventory Real Estate 424

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. There are still plenty of buyers interested in this area. Many of us are in sellers’ markets with very low inventory.

Real Estate 331

Real Estate Open Houses Brokerage Real Estate Agent 331

Housing Wire

JULY 30, 2021

Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. If you’re a buyer, you want to make sure you’re purchasing a home that’ll increase in value. The same can be said about upgrades.

Renovations 483

Renovations Buyers Sellers Investing 483

Hank Miller Team

NOVEMBER 15, 2022

Atlanta is one of the steady ones, and housing inventory in Atlanta will not jump in 2023. Atlanta Housing Inventory Everything must be kept in context. We clearly see the impact of the interest rate hikes as they suppressed buyer activity. Renovations – Cooped up in their homes, renovations and updating became a thing to do.

Inventory 52

Inventory Renovations Housing Market Buyers 52

Housing Wire

SEPTEMBER 24, 2021

To make matters worse, some of that inventory is extremely dated. As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase.

Lending 353

Lending Renovations Finance Investors 353

Housing Wire

APRIL 2, 2021

Active listings fell 42% according to the report, spurring would-be buyers to submit offers that are significantly over asking price and making the market difficult to navigate for first-time homebuyers and other price-conscious buyers. Presented by: Fannie Mae.

Contracts 477

Contracts Buyers Renovations Government 477

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Markets with Most Qualifying Inventory. of those resales went to owner-occupant buyers.

Real Estate 456

Real Estate Investors Market Value Home Value 456

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”

Investors 338

Investors Inventory Investing Real Estate 338

Housing Wire

APRIL 14, 2022

“As Americans contend with historically high inflation, the combination of rising mortgage rates, elevated home prices and tight inventory are making the pursuit of homeownership the most expensive in a generation.” The 5-year ARM averaged 3.69% with buyers on average paying for 0.3 The product averaged 2.80% a year ago.

Mortgage 412

Mortgage Government Renovations Buyers 412

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. If your house is priced too high, it will turn buyers off, but if it’s too low, people may wonder what’s wrong with it. Fortunately, there are many ways you can sell your house fast. How Long Does It Take to Sell a House?

Real Estate Agent 367

Real Estate Agent Tenants Real Estate Agents 367

Housing Wire

JUNE 25, 2021

Per a recent report from Redfin , the typical iBuyer-owned home found a buyer after 13 days on the market — the quickest pace since at least 2015, when Redfin began recording iBuyer data. iBuying appears to be back, after the nation’s top iBuying companies purchased 4,383 homes in the first quarter of 2021 — up 20.6%

Renovations 340

Renovations Marketing Buyers Inventory 340

Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. It may help to know that: 1.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41