Housing Wire

JUNE 30, 2022

The housing market has undergone a significant transformation over the past two years. While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. Our brokers are our partners. Lee Smith: EVP, President of Mortgage.

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Housing Wire

AUGUST 5, 2021

With global market uncertainty surrounding the Delta variant of COVID-19, we saw 10-year Treasury yields drift lower and consequently mortgage rates followed suit,” said Khater. This bodes well for those still looking to refinance, renovate or even purchase a new home.”. Home prices increased across the board in May, leaping 16.6%

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Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

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Housing Wire

SEPTEMBER 24, 2021

The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. 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.

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Housing Wire

DECEMBER 30, 2022

At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market. Whether it be through social media, connecting with real estate agents or going back to old-fashioned ways of knocking on people’s doors, they’ll have to focus on the purchase market going into the new year.

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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 as-is market value is typically based on a drive-by broker price opinion or external-only appraisal given the properties are usually still occupied.

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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. Also, housing demand stabilized from its waterfall collapse in 2022.

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Housing Wire

NOVEMBER 5, 2021

In June, we based our RedfinNow offers on a calculation that the homes we bought would decline in value by the time we could get them on the market. Kelman told analysts and investors on the call that the idea that a machine learning algorithm “could get us into a pickle ” is one that all the iBuyers have worried about.

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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. The company also received a $200 million commitment from private equity investors BlackRock and Zimmer Partners. from the prior quarter.

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Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. However, sometimes properties may have specific problems that are too serious and can’t go unnoticed at an open house. I hope you find her article to be helpful!

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Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. If the first-time homeowners are not moving because they can’t afford to, it freezes up the entire lower end of the market. Housing prices started to inch down in July, but were still 14.5%

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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. Renovating Right.

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Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. Read on for more about Gallo’s business strategies for 2023, his general take on LO compensation and prospects for the housing market.

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Eppraisal

OCTOBER 31, 2023

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. Appraisal Mortgage lenders use home appraisal reports to make credit decisions, so hiring an appraiser can help you learn about your home’s current market value more objectively.  This

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Housing Wire

APRIL 14, 2023

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. Hundreds of trained real estate professionals volunteer to teach participants about urban development, land use, the housing market and non-market forces that shape their communities.

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Eppraisal

FEBRUARY 22, 2022

This is especially true when housing inventories are low -- a perfect illustration of money supply outpacing economic growth. What about investors, who both buy and sell? However, inflation takes a toll on the price of renovations, a variable that will very well influence the bottom line.

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

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Housing Wire

MARCH 26, 2024

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

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Investors Marketing Inventory Real Estate 458

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Investors who need a value of a home before and after the proposed repairs are made, sometimes use appraisers. Everyone’s market is different.

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Appraisal Buzz

MARCH 25, 2024

The report further reveals that as the number of homes flipped by investors declined, so did flips as a portion of all home sales, from 8.6% In yet another sign of down times for the home-flipping industry, profits and profit margins also sank on quick buy-renovate-and-resell projects. in 2022 to 8.1%

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McKissock

OCTOBER 3, 2021

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

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PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. That’s why homeowners sometimes choose to sell and advertise their houses as is. Other cash buyers, like investors, may also be ready to buy your house quickly. Rent your home out.

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Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Even if they are completely renovated, they are still not considered to be new. For instance, remodeling a kitchen or bathroom typically improves a home’s market value, which in turn, reduces a home’s loss in value.

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Listing Spark

AUGUST 11, 2022

For those that haven’t been a real estate investor before, hard money lending may be confusing. Can they provide insight into today’s housing market. Romney says that if you’re a first time investor or new builder, you need to find a partner. The only way to structure it in this changing market is with a partner.”.

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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. That’s particularly true for mom-and-pop investors across both market segments.

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Housing Wire

JUNE 13, 2023

The first quarter of 2023 proved a tough market for everyone in the housing industry, including institutional buyers of single-family rental (SFR) properties, but there are signs the second quarter of this year has been far more buoyant for these so-called “Wall Street” players. One clue to that resurgence is a $1.5

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Marketing Investors Inventory Real Estate 370

Patch of Land

SEPTEMBER 14, 2018

Most of us likely think of fix-and-flips as investment deals that require renovation know-how or at least the ability to hire skilled contractors with that knowledge. The truth is that today’s fix-and-flip residential housing market is far broader than that. Sign the Investor Agreement electronically. Transfer funds.

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Patch of Land

APRIL 4, 2018

As a result of the housing collapse, some people have been reticent to buy a house, let alone flip one. But now, the housing market is back and on the upswing. Utica, NY – 57% average discount off market value. Columbus, GA – 52% average discount off market value. 4 Cities where Flipping Activity is Low.

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Housing Wire

SEPTEMBER 23, 2022

A recent article, “Stop subsidizing Wall Street buying up homes,” perpetuates an uninformed stereotype of single-family rental home companies while revealing a serious neglect for the important contributions industry firms bring to today’s housing market. of the nation’s total housing inventory. to 67.6%; Nashville from 71.1%

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Appraisal Today

APRIL 7, 2023

NOTE: Please scroll down to read the other topics in this long blog post on ROVs, non-lender appraisals, appraisal business, unusual homes, mortgage origination stats, etc. == Amazing Guitar-Shaped House in Georgia Currently off market. Carden designed and built the house beginning in 1986. Was listed for $748,000 in 8/22.

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Appraisal Today

JUNE 3, 2022

In popular vacation areas, such as Sedona, AZ, where Julie lives, investors purchase homes and do extensive remodels to turn them into Airbnbs with Airbnb management companies handling everything for them (clean up, new furnishing, and renting). Excerpts: The housing market sizzle has faded and we’ve entered a different season.

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McKissock

JUNE 14, 2022

Besides location, one of the most important factors in a residential property’s value is the health of its local real estate market. Appraisers should pay close attention to various current events that may indicate a softening or imbalanced market, or conversely, a robust, healthy real estate market. Shorter marketing times.

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D Fritz Appraisals

MAY 21, 2021

That said, the general consensus within the industry is that no one really expected to see such a drastic change in Canadian housing market conditions in a one-year time period. . Real Estate and financial speculators have been predicting everything from catastrophe to smooth sailing as more investors purchase luxury homes.

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Will Springer Realtor

MARCH 14, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? To purchase a home, many buyers withdraw funds from stock and cryptocurrency markets as well as retirement accounts.

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Patch of Land

SEPTEMBER 12, 2018

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? So, what’s an investor to do?

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Patch of Land

NOVEMBER 14, 2017

Investors Enjoy a Resurging Market. House flipping declined significantly after the financial crisis of 2007-2008. But thanks to low interest rates and increasing home prices in the current market, there is a resurgence in home flipping. The renewed interest is being driven by investors hoping for a high return.

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The Robert Weiler Company

SEPTEMBER 7, 2022

If that isn’t convincing enough, below are more reasons to buy land in Ohio to move or expand your business; or many commercial investors choose to buy Ohio land for sale to flip for a profit. If you haven’t seen our blog post on the Ohio land for sale market in 2022, we suggest you read it! My Ohio Home (OhioHome.org).

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