Remove Equity Remove House Flipping Remove Investor Remove Marketing
article thumbnail

Redfin Report Highlights Steep Decline in Investor Home Purchases

Broke Agent Media

BAM Key Details: A new Redfin report shows investors bought roughly half as many homes in Q4 2022 compared to Q4 2021, with home purchases down a record 45.8% Pandemic boomtowns Las Vegas and Phoenix saw more than a 60% drop in investor home purchases—more than any of the other metros in Redfin’s analysis. year-over-year.

article thumbnail

Purchase apps are at 2009 level: where’s the inventory?

Housing Wire

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Beginner's Guide to Real Estate Investing

Realty Biz

However, you're not looking to invest in something such as the stock market or treasury bonds. Those who have a house they've been paying off for years accumulate equity, which can be used as a part of your portfolio. To give you an example of what having equity can do, look at home equity lines of credit (HELOCs).

article thumbnail

Mom-and-Pop Real Estate Investors Are Pulling Way Back. Here’s Where—and Why It Matters

Realtor.com

And along the way, investors—many of whom came to the party with all-cash offers—fully changed the face of many markets, sometimes locking out first-time homebuyers. However, many of those investors, especially smaller ones, have recently slammed the brakes on their purchases as the housing market has shifted.

article thumbnail

Should You Flip a House in 2023? Well, It Depends

HomeLight

Home improvement shows have popularized the concept of “flippinghouses, bringing this segment of the real estate industry into the living rooms of everyday Americans, even inspiring some to take on the challenge of buying a home needing TLC, updating the home with old-fashioned sweat equity, and selling for a nice profit.

article thumbnail

Flipping Houses in Florida: 5 Cities to Consider

HomeLight

If you are considering flipping houses in Florida, HomeLight always encourages you to reach out to an advisor regarding your own situation The prospect of flipping houses in the Sunshine State looks, well, sunny. And property values have continued to go up, creating a positive environment for house flipping.

article thumbnail

Flipping Houses in New York: 5 Cities to Consider

HomeLight

If you are considering flipping houses in NY, HomeLight always encourages you to reach out to an advisor regarding your own situation. But a house-flipping venture is not for the faint of heart. Flipping takes a lot of money, know-how, manpower, and planning to be successful.