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Investors bought one in six homes sold in Q2 2024: Redfin

Housing Wire

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% home purchases fell 1.9% during the same period, which Redfin attributed to elevated mortgage rates and home prices. home purchases fell 1.9%

Investors 433
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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.”. We are starting to see some indication of a resurgence in investor-loan issuance backed by agency-eligible loans,” the MAXEX report states.

Investors 285
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Single-family rental market slammed by headwinds

Housing Wire

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . Still, it’s far from all good news for nonbank lenders.

Marketing 433
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Rich men, poor men, and the infinite housing crisis

Housing Wire

Possessing almost the entire corporate equities market, rather than a small stake as a regular employee or retail investor, is the difference between owning a bank and owning a savings account. But they cap how much an investor-lender can benefit from increasing home value.

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Investing In Affordable Housing - Part 1 - Profitability

Eppraisal

As a rule of thumb, investors in rental properties look for tenants who pay rent consistently and have the pockets to pay decently. When all the numbers are crunched, landlords who reserve some or all of their units for low to medium-income individuals and families can actually realize significant financial gain.

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Investing in Affordable Housing - Part 2 - Accountability to Housing Authority

Eppraisal

In addition, landlords who do so are providing a service to the community. Also noted in part one is the fact that the government interfaces with landlords through the local housing authority. What, then, do real estate investors gain from the housing authority? Yet unit providers must also deal with housing authorities.

Tenants 69
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What’s a House Worth? Wall Street Turns to Drive-By ‘Appraisals’

Realtor

But the prohibition, enacted as part of postcrash financial regulation, doesn’t apply to investors buying tens of thousands of houses. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals. home values by consulting Google Earth and real-estate websites.