Housing Wire

JUNE 28, 2023

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 397

Investors Housing Market Marketing Renovations 397

Housing Wire

JUNE 21, 2022

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. How can investors help with homeownership?

Investors 435

Investors Renovations Inspection Government 435

Housing Wire

OCTOBER 24, 2022

Within the span of a week, San Francisco-based digital real estate unicorn Roofstock completed its first property sale through non-fungible token (NFT) and laid off about 20% of its workforce. Operating on a remote real estate investment model, Roofstock enables customers to buy properties in other areas and rent them out.

Real Estate 418

Real Estate Investing Investors Business 418

Housing Wire

MARCH 26, 2024

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. “We Salmanson, CEO of Cherre , a data integration and insights platform serving the real estate market, including institutional owners of single-family rental (SFR) properties.

Investors 482

Investors Marketing Inventory Real Estate 482

Housing Wire

DECEMBER 15, 2024

Fix-and-flip investors took a hit in the third quarter of 2024 as flipped properties accounted for a smaller share of U.S. Short-term real estate investors saw a 28.7% Investor profits ramped down during the same time frame and now stand at roughly half of the mid-50% market peak in 2016. The Q3 2024 U.S.

Investors 354

Investors Marketing Renovations Housing Market 354

Housing Wire

APRIL 17, 2024

Capital Fundings , a Florida -based private mortgage lender, has partnered with real estate investment platform Privy , the companies announced on Tuesday. The collaboration will allow Capital Fundings’ borrowers to receive personalized investor insights.

Real Estate 448

Real Estate Renovations Investing Investors 448

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Housing Wire

JUNE 25, 2024

He comes to Change Lending after a stint as president of real estate at Texas Capital Bank. Its offerings include small-business loans and lines of credit, real estate investor loans, rehab loans and renovation loans. Department of the Treasury since 2018.

Lending 391

Lending Renovations Real Estate Investors 391

Housing Wire

JULY 17, 2023

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). While VR has transformed various industries, it is in real estate where its impact truly shines. The following list of ten ways to use VR in real estate could forever change the way you do business.

Real Estate 361

Real Estate Technology Business Real Estate Agent 361

Housing Wire

JULY 8, 2024

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 435

Investing Legal Lending Landlords 435

Housing Wire

JULY 27, 2022

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . PunchListUSA has now raised more than $49 million in equity capital since its inception in 2018. .

Inspection 397

Inspection Renovations Project Management Real Estate Agent 397

Housing Wire

MAY 21, 2024

“It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. Most properties that sell at foreclosure and REO auctions are in need of major renovations, far from being in fully repaired condition.

Marketing 476

Marketing Investors Real Estate Investing 476

Housing Wire

AUGUST 2, 2024

Private equity firm Exuma Capital Partners announced that it is the lead investor for a newly launched, AI-powered homeowner management tool called Property.com. An AI assistant called Revana will provide personalized help with renovations, installations and maintenance. AI has been top of mind for the real estate industry.

Real Estate Agent 448

Real Estate Agent Real Estate Tools Renovations 448

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. These two key foreclosure auction metrics show a clear shift in March toward more conservative bidding behavior, both in terms of max offers and buy box for investors.

Housing Market 435

Housing Market Buyers Marketing Retail 435

Housing Wire

FEBRUARY 28, 2024

Specific factors include higher debt-to-income ratios, self-employed borrowers who can’t qualify using tax returns, less than seven years out of a credit event such as a foreclosure, or real estate investors with more than 10 properties. Real estate investors build their portfolios regardless of market conditions.

Mortgage 458

Mortgage Investors Real Estate Business 458

Housing Wire

MARCH 14, 2024

Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website. The Treasury Department renewed the certification in February following a settlement agreement in November 2023.

Lending 448

Lending Renovations Legal Real Estate 448

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov comes to PunchList USA with two decades of experience in real estate data strategy and product development.

Inspection 370

Inspection Real Estate Real Estate Agent Renovations 370

Housing Wire

FEBRUARY 13, 2024

“This milestone is a testament to the momentum our platform has achieved over the last six years due to the increased awareness of and demand for home equity products, including home equity investments in particular, among both homeowners and investors,” Hometap co-founder and CEO Jeffrey Glass said in a statement. “As

Investing 422

Investing Renovations Tools Real Estate 422

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My I give them everything.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months.

Housing Market 459

Housing Market Buyers Marketing Investors 459

Housing Wire

JULY 5, 2022

CoreVest provides financing to real estate investors across the country and as of late June boasted more than $15 billion in loans closed and some 125,000 units financed, according to the lender. Redwood executives say Riverbend will be integrated into CoreVest. It also serves professional developers of multifamily properties.

Finance 418

Finance Renovations Real Estate Investors 418

Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. That’s particularly true for mom-and-pop investors across both market segments.

Investors 448

Investors Inventory Investing Real Estate 448

Housing Wire

MAY 20, 2022

COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Investment homes often take longer to sell because your audience is other investors. Like anything in real estate, many factors affect how long it takes to sell your house.

Real Estate Agent 435

Real Estate Agent Tenants Real Estate Agents 435

Housing Wire

FEBRUARY 21, 2023

We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If Holding properties as REO becomes even more risky in a slowing real estate environment. These are market-based decisions.”

Housing Market 397

Housing Market Renovations Marketing Retail 397

Housing Wire

JULY 6, 2023

Very little inventory Mike Simonsen, founder and president of real estate data firm Altos Research , said many homebuyers are adjusting to higher rates, however, and finding ways to pursue home-purchase transactions. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

Inventory 488

Inventory Renovations Real Estate Government 488

Housing Wire

MARCH 22, 2021

The Insurance Commissioner for the state of Washington apparently concluded that Modus offered real estate agents and their clients a “thing of value,” such as free home warranties, other closing-related services, in exchange for switching their escrow and title services to Modus. In all, Compass has lost $1.1 billion as of Dec.

Insurance 459

Insurance Real Estate Agent Real Estate Brokerage 459

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

Real Estate 370

Real Estate Renovations Inventory Retail 370

Housing Wire

JULY 14, 2022

It is counter to a popular and politically potent narrative grounded in the aftermath of the Great Recession, when large institutional investors scooped up thousands of properties at foreclosure auction. The role of renovators. These are local investors buying a few properties in communities where they live and work.

Renovations 370

Renovations Investors Retail Buyers 370

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

Finance 370

Finance Marketing Renovations Investors 370

Housing Wire

JANUARY 4, 2022

Offerpad is a six-year-old company founded by its current CEO Brian Bair, a longtime real estate investor. Bair has maintained that Offerpad possesses the operational logistics to accurately value homes as well as provide renovation services that prompt a house to resell for a profit.

Logistics 468

Logistics Renovations Real Estate Market Value 468

Appraisal Buzz

JUNE 3, 2024

The market backdrop It’s a hard time out there for real estate. That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ). Some will make it. Many will underperform.

Investors 195

Investors Marketing Renovations Real Estate 195

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,”

Marketing 448

Marketing Inventory Renovations Investors 448

Housing Wire

APRIL 14, 2023

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. For generations, real estate ownership in the U.S. More wealth is created and transferred across generations through real estate than almost any other asset.

Real Estate 397

Real Estate Law Business Real Estate Agent 397

Housing Wire

NOVEMBER 5, 2021

Redfin CEO Glenn Kelman doesn’t believe that iBuying is going away, but he does believe that his brokerage needs to be smart in how it incorporates iBuying into its larger suite of real estate services. Where Redfin has been struggling with its iBuying operation – as was also the case with Zillow – is with renovations.

Renovations 394

Renovations Brokerage Agents Real Estate 394

Housing Wire

AUGUST 2, 2024

Auction.com , the nation’s largest online platform for distressed real estate sales, recently reported that demand for homes sold at auction began to decline late in the second quarter of 2024 even as the available supply of foreclosed homes also contracted.

Inventory 476

Inventory Retail Buyers Renovations 476

Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. Decide on How to Proceed.

Investing 332

Investing Renovations Landlords Real Estate 332

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Government 529

Government Finance Renovations Design 529