article thumbnail

Here’s how one CRE veteran helps multifamily investors thrive

Housing Wire

If it isn’t rising interest rates or shifting rental trends, then growing technology is the driving force that prompts investors to evolve. To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. A change is needed.

Investors 468
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Investor Home Purchases Begin to Plateau

Appraisal Buzz

A new study from Redfin found that real estate investors purchased 2.3% For instance, investor purchases surged as much as 144% year-over-year in 2021, then dropped as much as 47% last year. Investor home purchases have settled near pre-pandemic levels of around 50,000 per quarter, with typical seasonal difficulties.

Investors 397
article thumbnail

Home Investors Pull Back as Rates and Prices Remain High

Appraisal Buzz

Stubbornly elevated mortgage rates and home prices are discouraging investor activity in the U.S. According to a new report from CoreLogic , while investor activity rose slightly between the second and third quarters of 2024, their market share remains below last years level25% compared to 28% in 2023. housing market.

Investors 397
article thumbnail

SFR investors scaled back home buying in 2024

Housing Wire

Texas and Florida also saw high investor activity, with Dallas standing out as a particularly competitive market where all top 10 buyers had a presence. 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 380
article thumbnail

Dominion Financial creates AI assistants for real estate investors, mortgage brokers

Housing Wire

On Monday, the company announced the addition of two artificial intelligence-powered assistants to help real estate investors and mortgage brokers. Harvey will assist real estate investors while Donna is for mortgage brokers. “Real estate investors operate in a fast-moving environment.