Appraisal Buzz
AUGUST 16, 2024
Investor activity in the U.S. housing market saw a significant uptick in the second quarter of 2024, with purchases rising 3.4% Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% increase from a year earlier. year-over-year.
Appraisal Buzz
OCTOBER 31, 2024
Despite their potential to draw in vandalism and spread community blight, zombie foreclosures continue to have little to no effect on the majority of local housing markets. That phenomena is still one of the many long-lasting consequences of the 13-year-old housing market bubble that has occurred across the country.
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Housing Wire
OCTOBER 10, 2024
Compass has a new head of investor relations. On Wednesday, the brokerage firm announced that it has appointed Soham Bohnsle to lead its investor relations division. Bohnsle has more than a decade of experience covering the housing sector, most recently as a senior analyst at BTIG. year over year, respectively. ”
Housing Wire
JULY 17, 2024
Real estate investor sentiment rose 16% from the prior quarter and 60% of surveyed investors view the current housing market more favorably than a year ago. ” In terms of forward-looking sentiments, 61% of respondents expect the market to continue improving, compared to 14% who expect it to decline. .
Housing Wire
SEPTEMBER 25, 2024
Foreign investors can help fill the buyer gap Florida remains the top destination for foreign buyers, with 20% of all foreign buyers purchasing in the state, according to the 2024 NAR report. This is an interesting statistic to watch because foreign investors face different barriers to buying than their domestic counterparts.
Housing Wire
JUNE 28, 2023
Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. Other notable markets that grew in the same period included popular Sunbelt investor havens Atlanta and Dallas.
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.
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