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Investor purchases are sinking with the housing market at large

Housing Wire

Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Real estate investors tend to be more insulated from these dynamics, particularly from mortgage rates, as they are more likely to buy properties with cash. But even investors have purchased fewer homes this year.

Investors 448
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Real estate investors purchased 16% of homes in Q3 2024

Housing Wire

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% Investors purchased $38.8 of investor purchases. .”

Investors 488
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Investor Home Purchases Begin to Plateau

Appraisal Buzz

A new study from Redfin found that real estate investors purchased 2.3% The small size of the change is notable because it comes after four years of huge swings driven by the wild pandemic-era housing market. For instance, investor purchases surged as much as 144% year-over-year in 2021, then dropped as much as 47% last year.

Investors 397
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Strong Housing Market Impacting Zombie Foreclosures Nationwide 

Appraisal Buzz

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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Home Investors Pull Back as Rates and Prices Remain High

Appraisal Buzz

Stubbornly elevated mortgage rates and home prices are discouraging investor activity in the U.S. housing market. According to a new report from CoreLogic , while investor activity rose slightly between the second and third quarters of 2024, their market share remains below last years level25% compared to 28% in 2023.

Investors 397
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Will 2025 finally be a “normal” housing market?

Housing Wire

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. Two and a half years.

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Investor home purchases are sinking, and it’s most evident in Florida

Housing Wire

Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin. Investors purchased 47,004 homes during the quarter, marking a 3.9% Florida leads the investor pullback Investors accounted for 17.1%

Investors 331