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DataDigest: Will work for housing

Housing Wire

That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. So who is solving housing affordability for these workers?

Landlords 488
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Rich men, poor men, and the infinite housing crisis

Housing Wire

GRAPH 1: The distribution of real estate across the different income segments as a percent of the total real estate market in Q3 1989 and Q4 2023. The poorest 20% own only 5% of real estate, despite a significant 46% increase from public interventions.

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

Housing Wire

The study is based on an analysis of county-level home purchase records across 39 of the most populous U.S. Redfin said it defines an investor “as any institution or business that purchases residential real estate, meaning this report covers both institutional and mom-and-pop investors.” metro areas going back to 2000.

Investors 468
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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. . That includes rentals owned by so-called mom-and-pop landlords — with 10 or fewer properties.

Marketing 448
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Mom-and-pop investors are fueling the PLS market 

Housing Wire

In addition, there has been increased activity in the separate category of investor-loans for rental properties — essentially “mom and pop” landlord properties. “We It’s amazing that investors have almost tripled among the small mom and pops pre-COVID to 2021, and how much real estate they’re buying,” Lind added.

Investors 369
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Comparing the Costs of Buying a Home vs. Renting in 2024

Eppraisal

As the real estate landscape evolves in 2024, many individuals and families find themselves weighing the costs and benefits of buying a home versus renting. With fluctuating home prices, rising interest rates, and changing economic conditions, making the right decision can be challenging.

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What to Expect from the Real Estate Market This Winter

Eppraisal

The recent trends in real estate in the United States have delighted some people and frustrated others. High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market.