Housing Wire

NOVEMBER 15, 2024

Chrissi Callaghan Rhea, co-founder of Mortgage Investors Group and member of the Mortgage Bankers Association (MBA) board of directors, died on Nov. Rhea was a HousingWire Woman of Influence in 2021. 8, at the age of 73. My heart is heavy for her family and her colleagues.

Investors 370

Investors Mortgage Loan Officers Lending 370

Housing Wire

MAY 19, 2021

After three straight quarters of declines, home purchases by investors rose 2.7% year over year in the first quarter of 2021, marking the first period of growth since the COVID-19 pandemic began, per a new study from Redfin. Investor purchases of single-family homes rose 4.8% Investor purchases of high-priced homes jumped 19.8%

Investors 542

Investors Marketing Housing Market Mortgage 542

Housing Wire

JANUARY 9, 2025

It also includes capital from existing investors that include angel investor Andrew Dodge, Related Companiess Christopher Schmidt, and SERHANT. RLTYco was founded in 2021 by Related Companies veteran Briggs Elwell and Daniel Kennedy, managing partner of Kennedy Luce LLC, a law firm in Connecticut. Ventures, SERHANT.s

Logistics 397

Logistics Real Estate Agent Real Estate Investors 397

Housing Wire

NOVEMBER 29, 2021

in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. As we can see below, housing moderated, found a base and moved higher toward the second half of 2021. So far, 2020 and 2021 have come in as a noticeable beat in my eyes.

Inventory 532

Inventory Contracts Training Investors 532

Housing Wire

OCTOBER 28, 2024

He was named CEO in 2021 after being selected by Lorber and Dottie Herman, Elliman’s previous CEO. The firm has taken heat in recent months from its investors, who felt that the company’s finances were being mismanaged due to its continued losses in quarterly earnings.

Brokerage 434

Brokerage Realty Contracts Investors 434

Housing Wire

AUGUST 7, 2024

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. Since it can’t be delivered by the builders , these small investors are really filling that gap by finding this vacant inventory.”

Investors 459

Investors Real Estate Insurance Landlords 459

Housing Wire

DECEMBER 3, 2024

And in 2021, it launched PowerLeads AI, a tool for leasing teams to anticipate renter behaviors on Zumper’s platform and cultivate higher-quality leads. Investors include Kleiner Perkins , Blackstone Group , G oodwater Capital and Dawn Capital , among others. Zoe isn’t the first time that Zumper has used AI.

Property Management 417

Property Management Tools Real Estate Technology 417

Housing Wire

SEPTEMBER 26, 2023

Before the acquisition by Mr. Cooper was completed in August, Home Point Capital agreed to settle for $5 million a class action lawsuit filed in 2021 by investors claiming the company made false and misleading statements related to its initial public offering (IPO).

Investors 434

Investors Lending Law Business 434

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investors 468

Investors Tenants Real Estate Property Taxes 468

Housing Wire

APRIL 19, 2021

Real estate investors buy to flip a home for a profit or get rental income, but they’re not the majority of buyers in America each year. The post The housing market won’t crash in 2021. It is part of who you are. This is why I stress that housing is the cost of shelter to your capacity to own the debt, not an investment.

Housing Market 541

Housing Market Marketing Real Estate Investing 541

Appraisal Buzz

AUGUST 16, 2024

Investor activity in the U.S. Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% year-over-year.

Investors 370

Investors Property Taxes Housing Market Real Estate 370

Housing Wire

FEBRUARY 18, 2025

Redfin attributes the decline in cash purchases to a smaller share of real estate investors in the marketplace. ” In 2021, more than 1 million cash purchases hit the housing market. . ” In 2021, more than 1 million cash purchases hit the housing market. That was the highest volume dating back to 2014.

Real Estate 356

Real Estate Investors Housing Market Buyers 356

Housing Wire

FEBRUARY 3, 2025

2021 in federal court in Houston, the suit accused Feldman & Feldman of defaming EasyKnock in a post the law firm made on its website cautioning consumers to scrutinize the companys transactions with financially distressed homeowners. Originally filed by EasyKnock in Nov. The platform shut down its operations in early December 2024.

Law 395

Law Lending Modernization Investors 395

Housing Wire

OCTOBER 30, 2024

The fintech was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 2023. The company — which is headquartered in Costa Mesa, California — also lost its mortgage lender license in Connecticut earlier this month. The request was pending, but the license was suspended in July.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Appraisal Buzz

JULY 12, 2024

Over the past few years, investors have reduced their homebuying activity, but their activity has continued to outpace the market as a whole. Consequently, even though investors are buying fewer homes, their percentage has increased—according to a new Realtor.com study. Investor participation in home purchases decreased from 13.8%

Investors 370

Investors Inventory Buyers Marketing 370

Housing Wire

OCTOBER 23, 2024

Additionally, the report found that first-time buyers were responsible for 26% of all home sales in September, matching the record-low set in August 2024 and in November 2021. By contrast, all-cash sales accounted for 30% of sales in September, up from 26% a month ago.

Inventory 466

Inventory Realtors Buyers Real Estate 466

Housing Wire

MARCH 17, 2023

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. However, this is in general alignment with investor purchase activity during Q4 of both 2019 and 2020, respectively.

Investors 418

Investors Landlords Marketing Investing 418

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” Following the Surfside condo collapse in 2021 that killed 98 people, Florida lawmakers passed the Condo Safety Act , requiring condo associations to modernize buildings that had pushed off critical work for years. Condos are hard.

Marketing 524

Marketing Mortgage Finance Lending 524

Housing Wire

NOVEMBER 1, 2023

Michael Gifford and David Zvaifler‘s home equity investment company, Splitero , lost its main investor, Redwood Trust , HousingWire has learned. He added that Splitero was looking for other investors and hinted that the company would have some good news to share soon. Personally, I think it’s a great proof point for the space.

Investors 448

Investors Investing Contracts Loan Officers 448

Housing Wire

JANUARY 22, 2025

Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount. The supply of properties available at auction dropped to its lowest level since Q3 2021, when the post-pandemic federal foreclosure moratorium was still active.

Real Estate Agent 370

Real Estate Agent Real Estate Sellers Buyers 370

Housing Wire

MARCH 5, 2025

31, 2023 which was added to its investors page on Monday highlighted the reasoning behind its heavy marketing initiatives. billion in 2021 to $7.36 The manifesto is a one-minute extended cut of the original ad that premiered during the Super Bowl. Rockets latest 10-K filing for the fiscal year ending Dec.

Advertising 404

Advertising Investors Marketing Mortgage 404

Housing Wire

JANUARY 14, 2025

Over a four-year period, the startup received $400 million in venture capital from several investors, including Andreessen Horowitz and Tiger Global Management. In 2021, Tiger Global followed, leading a $110 million Series C funding round. Andreessen kicked things off in 2018, leading a $30 million Series A equity and debt round.

Investors 368

Investors Marketing Housing Market 368

Housing Wire

FEBRUARY 21, 2024

Blackstone had already invested heavily in the single-family rental space when it bought Home Partners of America in a deal that valued the company at $6 billion in 2021. But 2024’s deals show investor interest has persisted.

Investors 493

Investors Construction Real Estate Inventory 493

Housing Wire

MARCH 17, 2025

Sponsored by Docutech , MTD allows early-stage mortgage tech companies to showcase their technology to industry leaders, investors and venture capitalists. ” Reston, Virginia-based Ardley Technologies was founded in 2021 by Nate Den Herder , Fannie Mae’s former director of financial engineering.

Mortgage 300

Mortgage Technology Investors 300

Housing Wire

JANUARY 24, 2025

Established in 2021, Dunmor operates nationwide in the consumer direct and broker channels. The Los Angeles -headquartered lender also offers AI-powered loan origination platforms for real estate investors and brokers, which enable rapid delivery of prequalifications, quotes, term sheets and funds.

Investing 367

Investing Lending Real Estate Construction 367

Appraisal Buzz

FEBRUARY 25, 2025

This rebalancing of supply and demand ended a streak of declining occupancy rates, enabling the first Revenue per Available Room (RevPAR) gains since 2021. For investors, 2025 offers a promising landscape despite high interest rates, with opportunities for strong cash flow and long-term returns. RevPAR improved by 3.4%

Marketing 321

Marketing New Listings Investors Appraisal 321

Housing Wire

NOVEMBER 22, 2021

As I wrote in my blog in 2020: “The rule of thumb I am using for 2021 is that existing home sales if they’re doing good, should be trending between 5,840,000-6,200,000. This means with only two more reports left so far in 2021 every single existing home sales print has been higher than the total closing level of 5.64 million in 2020.

Inventory 539

Inventory Investors Housing Market Buyers 539

Appraisal Buzz

JANUARY 16, 2025

This years data points to foreclosure trends potentially returning to more predictable levels, offering some clarity for industry professionals, investors, and homeowners. properties in 2024, down 6% from 2023, up 174% from 2021, but down 25% from 2019, and down 88% from a peak of 2,139,005 in 2009.

Lending 389

Lending Investors Housing Market Marketing 389

Housing Wire

MARCH 22, 2024

Of the 65,656 homes flipped in fourth-quarter 2023, there were a total of 52,701 investors involved, translating to a ratio of 1.25 flips per investor. in 2021, which was the highest level this century. decline from the typical profit of $70,100 in 2022. Return on investment (ROI) was 27.5% For comparison, ROI was 28.1%

Investors 511

Investors Investing Real Estate Marketing 511

Housing Wire

MAY 17, 2024

Both firms guide real estate investors in buying, selling and managing single-family rental (SFR) homes across the country. The unified platform will offer real estate investors robust technology, deep data insights and a property management system specifically designed for SFRs. “By million across nine funding rounds.

Property Management 448

Property Management Real Estate Investors Investing 448

Housing Wire

MARCH 21, 2025

’ In a presentation for investors , Rocket outlined how its acquisition of Redfin will help the company create a more seamless and affordable way for consumers to transact real estate, showing how it will take consumers from the home search phase all the way through title and closing.

Real Estate 292

Real Estate Agents Loan Officers Mortgage 292

Housing Wire

MARCH 1, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday. The deal drew significant interest from institutional investors and made it Kiavi’s largest securitization since November 2021.

Investors 458

Investors Real Estate Technology Housing Market 458

Housing Wire

JUNE 28, 2023

Founded in 2013 by Brew Johnson, Brett Crosby and Alex Perelman, Peer Street developed a marketplace connecting lenders and borrowers seeking capital to investors looking for real estate-related debt. The business attracted investor Michael Burry, one of the featured players in “The Big Short.” million in 2021, Dunn wrote.

Investors 459

Investors Real Estate Investing Mortgage 459

Housing Wire

FEBRUARY 23, 2024

While it took more than 5,000 acquisitions per year to make it into the top 10 largest single-family rental (SFR) buyers in 2021, the threshold was downsized to 671 in 2023. New Western , meanwhile, also stood out as a marketplace for real estate investors. Two iBuyers, Opendoor and Offerpad , were also on the list.

Buyers 448

Buyers Investors Real Estate Insurance 448

Housing Wire

DECEMBER 22, 2021

million , so every single existing home sales print in 2021 has been higher than what we closed in 2020 — which was higher than any single year from 2008 to 2019. Regarding the sales range for 2021, I had anticipated a few prints under 5.84 However, it’s 2021. million and 6.2 We ended 2020 with 5.64 Home sales.

Inventory 516

Inventory Housing Market Investors Marketing 516

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors. Anchor Loans was acquired by investment firm Pretium in November 2021.

Investors 468

Investors Housing Market Finance Construction 468

Housing Wire

JULY 6, 2022

First Guaranty Mortgage Company , controlled by asset management giant PIMCO , abruptly stopped operations less than two weeks ago after encountering turbulence caused by a sharp rise in rates and challenges in selling loans to investors. In April, HousingWire chronicled the struggles of lenders in the non-QM space as rates surged.

Mortgage 511

Mortgage Retail Investors Business 511