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Built-to-rent construction gains momentum amid affordable housing shortage 

Housing Wire

As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. The momentum is continuing as another 99,000 BTR homes are under construction in 2024, although the breakneck pace is expected to ease in 2025. Meanwhile, investors are flocking to the BTR sector.

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Ascent Developer Solutions launches to serve construction loan needs

Housing Wire

Headquartered in Southern California , AscentDS will focus on providing customized financing solutions to single-family and multifamily housing developers and investors across the nation. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

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As housing demand cools, don’t overlook foreign investors

Housing Wire

Florida is a top state for new residential construction, yet Florida homebuilders haven’t reported significant strides in new construction sales either. This is an interesting statistic to watch because foreign investors face different barriers to buying than their domestic counterparts. International investment is one answer.

Investors 448
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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 the third quarter, investors purchased more than three-quarters of homes with all cash. year-over-year.

Investors 508
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Watchdog report: Institutional investors ‘may have contributed to increasing home prices’

Housing Wire

A new report from the Government Accountability Office (GAO) concluded that while institutional investors may have contributed to rising home prices since 2009, the actual impact they have had on homeownership opportunities is more difficult to assess.

Investors 458
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New Home Construction Expectations for 2022

Appraisal Buzz

Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains. This makes new home construction a continued challenge, even as demand exists to accelerate new housing. In 2022, construction companies will have to work hard to catch up with an overwhelmed market.

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

Housing Wire

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 That should help to unlock more inventory while also reducing financing costs for leveraged investors.

Investors 482