Redfin, Seattle, reported investor activity declined in Q4, with 47,004 homes purchased.
Tag: Investors
CoreLogic: Investor Share Likely to Remain Roughly Quarter of Total Sales
CoreLogic, Irvine, Calif., released its report on Q3 2024 investor activity on home purchases, finding a small uptick from mid-year numbers.
Overseas Investors Report Uncertainty, AFIRE Finds
Cross-border investment dynamics, climate change trends and zoning reform are top-of-mind for global institutional investors, according to AFIRE, the association for international commercial real estate investors.
RCN Capital: Real Estate Investor Optimism Grows
RCN Capital, South Windsor, Conn., released its Fall 2024 RCN Capital/CJ Patrick Co. Investor Sentiment Index, finding that 68% of real estate investors view today’s market as better or much better than it was a year ago.
ATTOM: Home Flipping Activity Dips, but Profits Up in Q2
ATTOM, Irvine, Calif., released its second-quarter 2024 U.S. Home Flipping Report, finding that 79,540 single-family homes and condos were flipped in the quarter.
Redfin: Demand for Second-Home Mortgages Lowest Since 2016
Redfin, Seattle, reported mortgage rate locks for second homes fell 13.1% year-over-year in August, to hit the lowest level since March 2016 on a seasonally adjusted basis.
Redfin: Investor Home Purchases Post Biggest Increase Since Q2 2022
Investor purchases of homes were up 3.4% year-over-year in Q2, per Redfin, Seattle.
ATTOM: Home Sellers’ Profit Margins Nearly Flat in Second Quarter
ATTOM, Irvine, Calif., released its second-quarter 2024 U.S. Home Sales Report, which showed that home sellers earned a 55.8% profit margin on typical single-family home and condo sales during the second quarter.
Redfin: Investors Bought Bigger Share of Affordable Homes in Late 2023
Real estate investors bought just over 26% of the low-priced homes that sold in the fourth quarter–the highest share on record, according to Redfin, Seattle.
CBRE’s Investor Intentions Survey Shows Improved Sentiment
CBRE, Dallas, released its 2024 U.S. Investor Intentions Survey finding that investor sentiment has greatly improved, but concerns such as higher-for-longer interest rates, tight credit conditions and differing buyer and seller expectations still weigh on the industry.