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Fix-and-flip investors say they’re discouraged by higher mortgage rates, home prices

Housing Wire

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. On a national scale, 46% of investors reported facing more competition for deals than expected.

Investors 434
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Investors Embracing Expansion of Real Estate Portfolios 

Appraisal Buzz

According to study data published by RentRedi , most American real estate investors intend to increase their portfolios and make large investments in renovating their existing properties in 2025, exhibiting a strong growth mindset. Some 27% of landlords nationwide intend to make renovations totaling at least $20k per property.

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Real estate investors say they’ll expand portfolios, make home improvements in 2025

Housing Wire

real estate investors are planning to grow their portfolios and invest significantly in property improvements in 2025, according to a new survey from property management software provider RentRedi. Landlords in the Northeast are the most committed to renovations, with 60% planning to spend $5,000-plus per property. A majority of U.S.

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Evernest acquires Poplar Homes and $15M in tech-focused funding

Housing Wire

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. LL Funds also served as one of Poplar’s investors since the company’s debut in 2014, according to Evernest. Poplar Homes is a leading property manager focused on individual investors and multifamily property owners.

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Better.com reports 400% growth for HELOC business

Housing Wire

. “For a consumer who wants to do a home renovation , a consumer who wants to consolidate debts, or a consumer who wants to take cash out to pay for tuition for their kids, our product serves all of those use cases.” ” How is it so fast? ” Recent data from ATTOM revealed that 47.7%

Business 332
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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership. But, who are these investors? To be precise, the average U.S.

Investors 435
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Fix-and-flip profits fell in Q3 2024. Are investors leaving the market?

Housing Wire

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. That represented 7.2%

Investors 370