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The renovation ripple effect in underserved neighborhoods

Housing Wire

According to public record tax assessor data, all four are now also owner-occupied ā€œIā€™m trying to establish our community again,ā€ Morgan said, noting the extensive renovations he does before reselling the homes to retail buyers. For most Auction.com buyers, their motivations for investing in real estate are twofold.

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Report: Local Real Estate Investors on the Verge of Outperforming Builders

Appraisal Buzz

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. Investors are selling these flipped homes at an average of 21% below the market sales price, making them an attractive option for buyers.

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Fix-and-flip investors are filling in the gaps in some housing markets: report

Housing Wire

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. is lacking about 320,000 listings valued at the affordable range for middle-income buyers.

Investors 387
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Bain Capital gains majority stake in residential investment lender Archwest Capital

Housing Wire

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. The firm is also a major investor in Hometap , one of the larger players in the home equity investment space.

Investing 413
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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

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. ā€œWe That should help to unlock more inventory while also reducing financing costs for leveraged investors. In 2023, the landscape for home flipping across the U.S.

Investors 478
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Hometap reaches $1B in home equity investmentsĀ 

Housing Wire

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. And it boasts a home renovation calculator and home service offerings from Hometapā€™s partner network.

Investing 348
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SEC claims Angel Oak Capital Advisors deceived investors

Housing Wire

Angel Oak Capital Advisors , the investment management arm of non-QM lender Angel Oak Cos., Securities and Exchange Commission (SEC) alleging that the company misled investors about the delinquency rates in a 2018 private-label securitization involving fix-and-flip loans. has agreed to pay $1.75

Investors 378