Sun.Mar 03, 2024

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First-time homebuyers made up a record share of agency purchase loans in 2023

Housing Wire

First-time homebuyers made up 55% of agency purchase mortgages in 2023, according to Intercontinental Exchange (ICE) eMBS data, the highest such share in the 10 years ICE has been tracking the metric. A record 47% of government-sponsored enterprise (GSE) purchase loans in 2023 came from first-time homebuyers, a number that’s been trending gradually higher throughout the past decade.

Lending 514
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Home flipper optimism continues to rise — for now

Real Estate News

The winter dip in mortgage rates gave a boost to first-time buyers and home flippers, a new report shows. Whether that continues depends on the Fed.

Buyers 321
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What Happens to Rent Prices When 1,000,000 New Units Come Online in 2024? w/Chris Salviati

BiggerPockets

Rent prices peaked in 2022 after a double-digit percentage run-up.

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3 Best Interior Design Websites of 2024 for Elevating Your Investment Property

Mashvisor

Dig deep into some of the best interior design websites of 2024 to boost the appearance of your real estate investment property and make it shine.

Design 58
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Making $160K/Year From ONE “Rare” Property Thanks to Seller Financing

BiggerPockets

Every investor wants a rental property that brings in six figures, but not every investor is willing to scour old listings, bring in a partner, or exhaust all of their […]

Sellers 91
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Comprehensive Hostfully Review: Is This Vacation Rental Software Worth It for Hosts and Property Managers?

Mashvisor

A quick Hostfully review shows that this aims to be a full-scale vacation rental property management solution for both hosts and professional property managers.