Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. These two key foreclosure auction metrics show a clear shift in March toward more conservative bidding behavior, both in terms of max offers and buy box for investors.

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Appraisal Buzz

JULY 30, 2024

A new report from New Western, a national real estate investment marketplace, indicates that local real estate investors are poised to outperform traditional builders in several key markets. Surge in Home Flips In 2023, New Western operated across 42 markets, where there were 185,272 new builds compared to 163,894 home flips.

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Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. The third way in which Acra is poised to help expand on housing inventory is through its upcoming fix n’ flip loan vertical. Acra Lending is doing what it can to help free up inventory.

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Housing Market Marketing Inventory Lending 459

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Renovating Right.

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Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If

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Housing Wire

DECEMBER 15, 2024

Fix-and-flip investors took a hit in the third quarter of 2024 as flipped properties accounted for a smaller share of U.S. Short-term real estate investors saw a 28.7% Investor profits ramped down during the same time frame and now stand at roughly half of the mid-50% market peak in 2016. The Q3 2024 U.S. of all U.S.

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Investors Marketing Renovations Housing Market 370

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months.

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Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. In 2023, the landscape for home flipping across the U.S.

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Investors Marketing Inventory Real Estate 482

Housing Wire

FEBRUARY 6, 2025

It reflects another pressing issue of imbalanced supply and demand in the housing market. In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. million, so its primed and ready to meet the needs of most property investors.

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Housing Wire

FEBRUARY 25, 2025

Housing markets in much of the country have started tilting in buyers favor, allowing buyers to set the terms they want. That means house hunters dont necessarily need to break the bank for a huge down payment if it makes more financial sense to save some money for things like future home renovations or other investments.

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Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. It’s very, very market dependent right now. in the previous quarter and up from 54.1% in Q1 2023.

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Appraisal Buzz

FEBRUARY 11, 2025

Michael Gevurtz is an entrepreneur and investor in the real estate and finance industries. He is the CEO and Founder of Bluebird Lending, a national private lender servicing real estate developers and investors with an array of loan products to acquire, construct, and refinance residential and multifamily properties.

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Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. It remained way below the 44.6% hit in the second quarter of 2021.”

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Investors Investing Inventory Real Estate 448

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates.

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Housing Wire

SEPTEMBER 24, 2021

The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase.

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Appraisal Buzz

MARCH 25, 2024

The report further reveals that as the number of homes flipped by investors declined, so did flips as a portion of all home sales, from 8.6% In yet another sign of down times for the home-flipping industry, profits and profit margins also sank on quick buy-renovate-and-resell projects. in 2022 to 8.1%

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Housing Wire

AUGUST 5, 2021

This bodes well for those still looking to refinance, renovate or even purchase a new home.”. Economists and investors are waiting for any indication that the Federal Reserve may begin tapering its asset purchases. Despite the Fed’s continued accommodative stance, the housing market is showing signs of cooling.

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Housing Wire

JULY 6, 2023

This, in part, is causing the tight inventory we’re seeing in the housing market today, as two out of every three houses have mortgages with interest rates below 4% and aren’t motivated to sell their house unless a significant circumstance warrants it.” Just because there’s vacant homes in the U.S.

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Inventory Renovations Real Estate Government 488

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

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Finance Marketing Renovations Investors 370

Housing Wire

SEPTEMBER 23, 2022

A recent article, “Stop subsidizing Wall Street buying up homes,” perpetuates an uninformed stereotype of single-family rental home companies while revealing a serious neglect for the important contributions industry firms bring to today’s housing market.

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Inventory Housing Market Investors Investing 370

Housing Wire

SEPTEMBER 20, 2024

It’s not as if profits have shot through the roof and investors are riding a new wave of good times. Far from it, as they continue to struggle to benefit from the broader market boom. But the second-quarter numbers did show another step in the right direction.” The report comes with a few caveats. The typical margin of 30.4%

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Property Taxes Renovations Investors Sellers 457

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

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Real Estate Renovations Retail Inventory 370

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,”

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Marketing Inventory Renovations Investors 448

Appraisal Buzz

JUNE 3, 2024

That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ). Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Some will make it.

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Investors Marketing Renovations Real Estate 195

Housing Wire

JUNE 30, 2022

The housing market has undergone a significant transformation over the past two years. While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. Our brokers are our partners.

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Housing Wire

JUNE 13, 2023

On another front, Zelman & Associates , per news reports , estimates that institutional investors as of yearend 2022 had dedicated some $110 billion to acquire or build SFR homes, a sign there is still plenty of money available for dealmaking ahead. Homebuyers have been sitting on the sidelines.” That was down from 6.6%

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Marketing Investors Inventory Real Estate 370

Appraisal Buzz

JUNE 20, 2024

As flipping rates rose, good luck seemed to improve for investors who bought and swiftly sold residences. It also remained within a range that might be easily depleted by carrying costs such as renovation fees, mortgage payments, and property taxes. The latest figure was up from 7.7% of all home sales in the U.S. in Q1 of last year.

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Investors Property Taxes Renovations Investing 435

Appraisal Buzz

DECEMBER 12, 2024

And while the flipping rate followed historical trends, profits turned back downward for investors who buy, renovate and quickly resell homes following a period when their fortunes had been improving. The next six months should speak more to that, especially amid an ongoing tight housing market that should work in their favor.

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Renovations Investors Property Taxes Investing 345

Housing Wire

NOVEMBER 5, 2021

Kelman told analysts and investors on the call that the idea that a machine learning algorithm “could get us into a pickle ” is one that all the iBuyers have worried about. Where Redfin has been struggling with its iBuying operation – as was also the case with Zillow – is with renovations.

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Renovations Brokerage Agents Real Estate 391

Housing Wire

DECEMBER 30, 2022

At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market. Instead, they’ll be seeking to renovate their homes.”. Mortgage products, such as construction permit loans, have been gaining traction for borrowers in neighborhoods where housing activity is up, Dwyer said.

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Housing Wire

JUNE 25, 2021

After we buy and renovate those homes, we know we’ll be able to sell them because there are so many more buyers in the market right now than there are homes available.” The company also received a $200 million commitment from private equity investors BlackRock and Zimmer Partners.

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Renovations Buyers Marketing Inventory 471

Housing Wire

AUGUST 2, 2024

Auction.com noted that while “one month’s data is not yet a trend,“ the bidding behavior of foreclosure-auction buyers tends to be a reliable indicator of future retail home price appreciation since these investors are estimating what market conditions will look like in three to six months.

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Inventory Retail Buyers Renovations 476

Housing Wire

JANUARY 6, 2023

People always have friends doing something — and people [are] becoming investors buying second homes, third homes — so it’s just good to stay in front of them, because you don’t realize until you look back on how many people you actually probably lost by not staying in front of them,” Gallo said.

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Business Loan Officers Clients Inventory 435

Housing Wire

APRIL 14, 2023

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. Hundreds of trained real estate professionals volunteer to teach participants about urban development, land use, the housing market and non-market forces that shape their communities.

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Real Estate Law Business Real Estate Agent 397

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. According to Mohtashami, the country has been experiencing a “ savagely unhealthy housing market ,” with inventory levels at around 1.16 million, below the 2019 range of 1.52 million to 1.93

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Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. However, sometimes properties may have specific problems that are too serious and can’t go unnoticed at an open house. I hope you find her article to be helpful!

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Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Investors who need a value of a home before and after the proposed repairs are made, sometimes use appraisers. I have seen a slowdown in my lending work also.

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Business Appraisal Real Estate Agent Lending 394