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. The average distressed property price was 63.6%

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Real Estate Investors Market Value Home Value 456

Housing Wire

MAY 21, 2024

“It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. I’m still focusing on those markets with very low (retail) inventory. It’s very, very market dependent right now. Heat map link. in Q1 2023.

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Marketing Investors Real Estate Investing 422

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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Investors Inventory Investing Real Estate 342

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. 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. “The largest, undisrupted market in the U.S.,”

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Marketing Inventory Renovations Investors 395

Housing Wire

MAY 23, 2024

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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Renovations Investors Housing Market Law 306

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed.

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Lending Renovations Construction Finance 322

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. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

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Finance Marketing Renovations Investors 346

Housing Wire

FEBRUARY 21, 2023

We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year.

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Housing Market Renovations Marketing Retail 355

Housing Wire

JULY 23, 2021

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. In addition to low inventory, the massive competition in the market has led to an increase in home prices. 3-month bank statement. Jumbo products.

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Housing Market Marketing Inventory Lending 424

Housing Wire

JUNE 13, 2023

On another front, Zelman & Associates , per news reports , estimates that institutional investors as of yearend 2022 had dedicated some $110 billion to acquire or build SFR homes, a sign there is still plenty of money available for dealmaking ahead. Homebuyers have been sitting on the sidelines.” That was down from 6.6%

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Marketing Investors Inventory Real Estate 304

Housing Wire

AUGUST 10, 2023

The increasing share of owner-occupant buyers is also evidence that extremely tight housing inventory is prompting more retail buyers to take on the additional challenges that come with buying a distressed property at auction. They are able to pay with cash, take on bigger renovations and provide current occupants with a graceful exit.

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Renovations Buyers Development Insurance 328

Housing Wire

JULY 21, 2022

This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March. These two key foreclosure auction metrics show a clear shift in March toward more conservative bidding behavior, both in terms of max offers and buy box for investors.

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Housing Market Buyers Marketing Retail 383

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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Real Estate Renovations Inventory Retail 354

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.

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Lending Renovations Finance Investors 356

Housing Wire

JANUARY 4, 2022

The new facilities are revolving, and we borrow only what we use to add inventory, where we continue to apply our disciplined approach to underwriting homes,” a spokesperson said. “In Offerpad is a six-year-old company founded by its current CEO Brian Bair, a longtime real estate investor.

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Logistics Renovations Real Estate Market Value 415

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. Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce.

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Real Estate Open Houses Brokerage Real Estate Agent 334

Housing Wire

DECEMBER 30, 2022

It’s positive news for an industry that has recently dealt with a lackluster amount of inventory. Demand for non-qualified mortgages (non-QMs) — loans for borrowers who fall outside the traditional conforming loan credit box, such as self-employed borrowers, gig workers and real estate investors, is not going away any time soon, LOs said. “In

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Renovations Realtors Construction Mortgage 376

Housing Wire

NOVEMBER 30, 2021

The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. New construction has been hit hard by supply chain disruptions and materials and labor shortages, and inventory of existing homes is tight. Refinance decline.

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Supply Chain Lending Investors Renovations 313

Housing Wire

AUGUST 5, 2021

This bodes well for those still looking to refinance, renovate or even purchase a new home.”. Economists and investors are waiting for any indication that the Federal Reserve may begin tapering its asset purchases. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.88%.

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Mortgage Valuation Housing Market Renovations 523

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. Investment homes often take longer to sell because your audience is other investors. Sell to Other Investors Using Roofstock Marketplace. This means you don’t have to do any renovations or even very much negotiating.

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Real Estate Agent Tenants Real Estate Agents 370

Housing Wire

JUNE 25, 2021

After we buy and renovate those homes, we know we’ll be able to sell them because there are so many more buyers in the market right now than there are homes available.” The company also received a $200 million commitment from private equity investors BlackRock and Zimmer Partners. ” Road to the one-click mortgage.

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Renovations Marketing Buyers Inventory 344

Housing Wire

SEPTEMBER 22, 2022

“The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory,” said Logan Mohtashami, Lead Analyst at HousingWire. million, below the 2019 range of 1.52 million to 1.93

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Mortgage Loan Officers Inventory Retail 375

Listing Spark

NOVEMBER 6, 2023

Real estate markets across the country are normalizing, but the industry is still incredibly profitable for new and experienced property investors. However, finding specific properties is still a challenge for investors, even in these lucrative markets. The first barrier many investors encounter is finding properties.

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Investors Investing Real Estate Agent Real Estate 36

Housing Wire

APRIL 9, 2021

Using another new tool, called “Raveis Refresh,” WRRE prepares the home for sale by making any necessary upgrades and renovations to maximize the home’s value and ensure that it sells above market average and quickly. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said. .

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Brokerage Real Estate Clients Insurance 400

Housing Wire

JANUARY 6, 2023

As a mortgage banker who does business solely in New Jersey, Gallo expects to see home equity loans and mortgage loans getting love in the new year — due primarily to the lack of inventory in his market and the equity built up in owners’ homes. “People always know people [who are] buying.

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Business Loan Officers Clients Inventory 366

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? As Reuters reported in early 2018, housing inventory across the U.S.

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Investors Renovations Real Estate Construction 35

Eppraisal

OCTOBER 31, 2023

These indicators paint a picture of the imbalance between supply and demand:  ●      Real estate inventory: High housing inventory means few properties are changing hands in your area and gives buyers control in the market. Pay attention to rental inventory, too.

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Marketing Real Estate Agent Real Estate Valuation 69

Patch of Land

OCTOBER 26, 2018

But, investors continue to find deals and set records while increasingly tapping the debt markets to finance their flips. The new lenders in the space have made financing more competitive, leading to better interest rates for real estate investors seeking financing for their deals. “I Flips purchased with financing rise to 9.5-year

Finance 31

Finance Investors Real Estate Construction 31

Appraisal Buzz

SEPTEMBER 26, 2022

There’s currently an inventory shortage, which is leading to more competition and increased prices. With less confidence, some homeowners turn to renovations on their current homes. Then, investors buy these houses in bulk and rent out the properties — this eliminates the chance for the building to return to the buying market.

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Construction Supply Chain Buyers Retail 195

Listing Spark

SEPTEMBER 27, 2023

We’ll examine how your role as a Texas realtor might change over the course of the next year, especially in relation to property investors. Your Clients Demand Near-Real-Time Market Insights In Texas especially, markets are in flux, and there remains a severe shortage of inventory.

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Realtors Investing Real Estate Clients 36

McKissock

JUNE 14, 2022

Marketing time is shorter during a sellers’ market due to a limited supply of inventory. This is an indication of an increasing market because investors are not going to take on this risk unless there is an indication that there’s a shortage in the market that would allow them to recapture the capital employed to make the conversion.

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Real Estate Marketing Sellers Buyers 75

Cleveland Appraisal Blog

JUNE 25, 2021

Even if they are completely renovated, they are still not considered to be new. During the Great Recession, home prices were falling rapidly due to an over-supply of inventory, which was out of the control of individual homeowners. The invasion of institutional investors in the housing market – Sacramento Appraisal Blog.

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Market Value Appraisal Marketing Buyers 244

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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Housing Market Marketing Property Taxes Home Value 36

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. You can bypass a key challenge that many current residential fix-and-flip investors face: dealing with a severe shortage of affordable inventory. Transfer funds.

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Renovations Real Estate Investors Investing 28

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. REO properties are attractive to homebuyers or real estate investors for several reasons. 10 Steps to Buying REO Properties. Step 6: Make an Offer.

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Inspection Real Estate Agent Real Estate Agents 69

Will Springer Realtor

MARCH 12, 2024

Months of inventory continue to be a burden on all buyers. months’ inventory, or 45 days before the existing supply would be exhausted if not replenished. Inventory is at 1.3 central bank does not directly control mortgage rates but it can influence the people – mortgage investors – who do. There is 1.9 months in January.

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Buyers Construction Sellers Inventory 57

The Robert Weiler Company

APRIL 7, 2023

Upgrades to existing buildings brought an even bigger reduction in operating costs globally, with green renovations at 11.5% Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. reduction in operating costs in the first year and a 16.9%

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Real Estate Construction Development Investing 109