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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. Boston investors sold flips at 7.8% In Boston, 4,347 flipped homes were sold in 2023 versus 3,166 new homes.

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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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These markets are attracting the most out-of-state real estate investors

Housing Wire

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers ā€” high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. A deal for me is a property I can buy for under $100,000, typically.ā€.

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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. 50%), Charlotte, NC (49%), Jacksonville, FL (48%) and Houston, TX (46%).

Investors 371
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and Iā€™m a licensed real estate professional with (your brokerage). Please think of me as your go-to resource for all things real estate.

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How to vet private money lenders for real estate investing

Housing Wire

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Establish a private money lending network for real estate.

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Institutional investors now balk at buying homes in this market niche

Housing Wire

Institutional real estate investors ā€” often mammoth operators with ties to Wall Street ā€” gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Renovating Right.

Investors 415