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

Housing Wire

“It is extremely competitive,” DeRoussel said of the Cincinnati housing market. “We Buyers are really struggling.” According to data from Altos Research , the Cincinnati metro area (which includes portions of Ohio, Kentucky and Indiana) currently has a Market Action Index score of 54, while the state of Ohio has a score of 55.

Buyers 374
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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. 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

Investors 426
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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

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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 521
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Mom-and-pop landlords stepping in as ‘mega-investors’ retreat from single-family market

Housing Wire

Single-family home purchase demand by investors remained steady in the fourth quarter of 2022, despite a dip in iBuying and larger investor demand, according to a report released this month by CoreLogic. Broadly speaking, the market cooled for both investment buyers and owner-occupied buyers.

Investors 390
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Fix-and-flip investors are filling in the gaps in some housing markets: report

Housing Wire

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 343
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More cash buyers in today’s housing market

Sacramento Appraisal Blog

There are more cash buyers right now. Today let’s unpack the housing market’s cash trend, some myths, and things to watch ahead. Bottom line. Well, technically. This post is designed to scroll by topic or digest slowly.