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Report: Investor Home Purchases Surge

Appraisal Buzz

Investor activity in the U.S. Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% year-over-year.

Investors 370
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Investors bought one in six homes sold in Q2 2024: Redfin

Housing Wire

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.

Investors 452
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CFPB Acts Against Contract-for-Deed Investors Targeting Low-Income Borrowers

Appraisal Buzz

Per the report, the transactions frequently lack regulation, and other sellers and investment groups may lay a number of traps that force homebuyers to live in unusable or inhabitable properties, pay for costly repairs and tax liens, and run the risk of losing both their down money and their residences.

Contracts 367
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Proptech Parcl offers real estate investing without liquidity

Housing Wire

Blockchain-based real estate platform Parcl is betting people want a piece of the real estate pie so badly customers are willing to invest in an emerging, small slice of the market: a digital square foot of real estate. Not only are customers investing in Parcl’s product, but the company itself also recently secured funding of $7.5

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Investors turn their eyes to affordable housing opportunities

Housing Wire

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift.

Investors 451
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Home Flipping Volume Decreased in Q2 But Profit Margins Continued to Increase

Appraisal Buzz

While the rate declined, fortunes kept ticking upward for investors who buy, renovate and quickly resell homes. Investors typically earned a 30.4% But the return on investment was up slightly from both the first quarter and from a low point over the past decade of about 25% in the first quarter of last year. a year earlier.

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What is portfolio cleansing?

Housing Wire

This shift is happening because of the increased willingness of private investors to invest in servicing and the government sponsored enterprises’ focus on reducing their footprint. Step 1 – The full population from the portfolio transfer was run through CoreLogic’s databases to check the property tax status.