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Investors are buying more, but spending less

Housing Wire

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4%

Investors 545
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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. In that same time frame, the small investor share rose from 45% to 48%.

Landlords 357
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Investors are buying up single-family homes across the US

Housing Wire

After three straight quarters of declines, home purchases by investors rose 2.7% Looking to take advantage of the hot housing market and a soaring stock market, investors bought about 1 of every 7 U.S. Investor purchases of single-family homes rose 4.8%

Investors 542
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The invasion of institutional investors in the housing market

Sacramento Appraisal Blog

Let’s talk about this as well as other institutional investors right now. A couple weeks ago a viral story came out about a fund called BlackRock who was reported to be buying everything in sight and paying 20-50% above market value.

Investors 403
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Investors spent a record $63B to buy homes in Q3

Housing Wire

Real estate investors spent a record $63.6 In total, investors acquired 90,215 homes in the third quarter, an 80.2% Redfin defines an investor as any institution or business that purchases residential real estate. In total, real estate investors represented 18.2%

Investors 502
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UWM targets real estate investors with new loan product

Housing Wire

According to UWM, the product called Investor Flex is a 30-year fixed Debt-Service Coverage Ratio (DSCR) loan option for real estate investors. The new product targets real estate investors, a group that represented 16.4%

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Investor activity slows, still makes up 1 in 4 homes sold in US

Inman

New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. Property Portfolio Select investor homebuying investor purchases john burns John Burns Real Estate property portfolio Redfin rentals

Investors 193
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SEC claims Angel Oak Capital Advisors deceived investors

Housing Wire

Securities and Exchange Commission (SEC) alleging that the company misled investors about the delinquency rates in a 2018 private-label securitization involving fix-and-flip loans. The post SEC claims Angel Oak Capital Advisors deceived investors appeared first on HousingWire.

Investors 305
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Institutional Investors Reach Seven-Year High in Home Purchases

Appraisal Buzz

With an emphasis on the Golden State, investors in 2021 comprised the highest share of single-family home and condo sales nationwide since 2013. The post Institutional Investors Reach Seven-Year High in Home Purchases appeared first on DSNews.

Investors 397
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Will 2022 be a good year for real estate investors?

Housing Wire

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. All these investors need are properties to sell or rent.

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These markets are attracting the most out-of-state real estate investors

Housing Wire

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. The post These markets are attracting the most out-of-state real estate investors appeared first on HousingWire.

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Doma goes public, but investors cash out early

Housing Wire

Digital title provider Doma has finally gone public, but has already had to pay out nearly $300 million to early investors who redeemed their shares. But investors in Capitol exercised rights to redeem nearly 30 million public shares in the company in connection with the merger.

Investors 361
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Lenders, don’t overlook real estate investors

Housing Wire

HousingWire recently spoke with William Tessar, president of Civic Financial Services , about the private lending space and how LOs can benefit from serving real estate investors. . Since investors buy multiple properties per year, it can fuel more consistent growth.

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FHA gives investors cold shoulder on foreclosed properties

Housing Wire

The Federal Housing Administration said that nonprofit organizations and owner-occupant buyers will have first dibs on foreclosed properties that get auctioned off through its Claims Without Conveyance of Title (CWCOT) program, specifically prioritizing these groups over investors.

Investors 418
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Is investor appetite for non-QM changing?

Housing Wire

HousingWire recently caught up with Steven Schwalb, managing partner of Angel Oak Lending, about the changes investor appetite has gone though for non-QM. HousingWire: What is the investor appetite for non-QM and how has that changed over the past few years?

Investors 276
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Wall Street investors are the new breed of single-family landlords

Housing Wire

Purchases of single-family rental properties by investors are on the rise in Sunbelt cities like Phoenix; Austin, Texas; Las Vegas; Tampa; and Charlotte, among others, according to research by John Burns Real Estate Consulting.

Landlords 359
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Investors turn their eyes to affordable housing opportunities

Housing Wire

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift.

Investors 402
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Tiny-home startup’s production delays raise investor eyebrows

Inman

How long will investors wait for homes to be delivered? Property Portfolio Select developers elon musk investors prefabricated housing property_portfolio SpaceX tesla tiny homes

Investors 134
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Investor Impact: Marketshare Shifts in Q1

Appraisal Buzz

The number of homes purchased by real estate investors in the first quarter declined 11.5% from Q3 of 2021, when investor purchases hit a record high, according to a new report from Redfin. The post Investor Impact: Marketshare Shifts in Q1 appeared first on Appraisal Buzz.

Investors 195
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6 things investors should know about rezoning properties

Inman

Agent Investing Select Service investing investors Luke Babich zoningWhen there are new obstacles or needs, rezoning allows for certain properties to be used differently than they were before.

Investors 143
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How Biden’s Neighborhood Homes proposal impacts real estate investors

Housing Wire

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

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MCT taps Jennifer Kennelly for investor services team

Housing Wire

Mortgage Capital Trading (MCT) announced the appointment of Jennifer Kennelly as the new senior director of its investor services team.

Investors 279
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Waterstone names Jennifer George VP of investor relations and credit policy

Housing Wire

has promoted Jennifer George to vice president of investor relations and credit policy, the company said in a statement issued Tuesday. In addition, George will focus on managing investor relations for profitable product opportunities. Wisconsin-based Waterstone Mortgage Corp.

Investors 245
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Investor accuses Rocket’s Dan Gilbert of insider trading

Housing Wire

A Rocket Companies ’ investor filed a stockholder derivative complaint on Monday that accuses the company’s chairman of using non-public information to sell stocks and avoid material losses. The post Investor accuses Rocket’s Dan Gilbert of insider trading appeared first on HousingWire.

Investors 376
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Optimal Blue Launches Investor Pricing Insight

Appraisal Buzz

announced the release of Investor Pricing Insight, a benchmarking tool that makes real-time pricing available to wholesale and correspondent mortgage investors on demand. The post Optimal Blue Launches Investor Pricing Insight appeared first on Appraisal Buzz.

Investors 195
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Investors from 3 Asian nations have heartiest appetite for U.S. MBS

Housing Wire

trillion MBS portfolio helps fuel widening interest-rate spreads in the MBS market by creating additional MBS supply to be absorbed by investors. Foreign investors represent one large bucket of MBS buyers who could step up to absorb additional MBS as the Fed sheds its holdings.

Investors 446
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Roofstock buys Great Jones platform to help investors profit on their real estate

Housing Wire

Some of these properties have tenants already residing in them, giving investors the opportunity to buy and sell the home without the renters being forced to vacate. The post Roofstock buys Great Jones platform to help investors profit on their real estate appeared first on HousingWire.

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Single-Family Rental Summit Unites Investors, Stakeholders

Appraisal Buzz

The post Single-Family Rental Summit Unites Investors, Stakeholders appeared first on Appraisal Buzz. On April 6-7, the Five Star Institute held its annual Single-Family Rental Summit at the historic Statler Hotel, deep in the heart of Downtown Dallas.

Investors 195
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Investor Market Share Hits Record High

Appraisal Buzz

According to a new report from Redfin, real estate investors bought a record 18.4% Although investor market share hit a record … The post Investor Market Share Hits Record High appeared first on DSNews.

Investors 195
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Finance of America asks investors to look beyond traditional mortgage

Housing Wire

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income.

Finance 339
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Real Estate Investors Purchased a Record $60.1B in Q2

Appraisal Buzz

A study by Redfin found that real estate investors acquired approximately 87,500 homes nationwide in Q2, a total that was up 11% quarter-over-quarter. The post Real Estate Investors Purchased a Record $60.1B The post Real Estate Investors Purchased a Record $60.1B

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Mom-and-pop investors are fueling the PLS market 

Housing Wire

If you were to take an inventory of deals which came out, a majority of the deals have been investor [investment property] … deals, and the prime jumbo deals have been very far and few in between.”. in 2021 were bought by institutional investors,” Lind said. “So,

Investors 252
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Analysts: Investors Taking Housing Market By Storm

Appraisal Buzz

Real estate investors in Q2 purchased more homes than ever recorded by Redfin, which has been tracking the metric more than 20 years. The post Analysts: Investors Taking Housing Market By Storm appeared first on DSNews.

Investors 195
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Bond investor PIMCO bets on home-equity market

Housing Wire

PIMCO, founded in 1971, has a long history of aggregating residential mortgage loans as well as managing assets for corporations, sovereign wealth funds, pension funds and other investors. The post Bond investor PIMCO bets on home-equity market appeared first on HousingWire.

Investors 316
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Foreign Real Estate Investors Plot Their Return

Appraisal Buzz

The post Foreign Real Estate Investors Plot Their Return appeared first on DSNews. The post Foreign Real Estate Investors Plot Their Return appeared first on Appraisal Buzz.

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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.

Investors 388
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As rates skyrocket, ‘Wall Street’ single family rental investors see opportunity

Housing Wire

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10.

Investors 396
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Report: Investors Snapping Up Single-Family Houses

Appraisal Buzz

Real estate investors during the second quarter of 2021 purchased more homes than ever recorded by Redfin.com, which has been tracking that metric for 20+ years. The post Report: Investors Snapping Up Single-Family Houses appeared first on Appraisal Buzz.

Investors 195
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Diversify your business in 2023 with investor growth in the market

Inman

A poll of hundreds of real estate investors found that the vast majority saw business growth in 2022 and plan to continue investing in 2023. Agent Sponsored Diversify your business in 2023 with investor growth in the market new western

Business 140
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Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

Inman

Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Inman Intel Investing Mortgage Technology Eddie Lim heloc home equity home prices inman interview investors Point Q&A The Take

Investors 117