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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 purchases are sinking with the housing market at large

Housing Wire

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. Investor purchases at the national level peaked in June 2021 at 148,670. compared to September 2023.

Investors 448
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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% Elevated borrowing costs have made these investments less attractive.

Investors 339
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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. The post Investors Embracing Expansion of Real Estate Portfolios first appeared on The MortgagePoint.

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A closer look at investor attitudes and trends in reverse mortgage stocks

Housing Wire

To get a better idea of what investors might be most closely interested in with these results, along with the outlook for these companies and the industry, HousingWire ’s Reverse Mortgage Daily (RMD) sat down with UBS equity research analyst Douglas Harter. They also mentioned the proprietary product suite at their company as a bright spot.

Investors 370
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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 433
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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. Regional investment trends also vary. A majority of U.S. landlords plan to acquire new properties this year.