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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. .”

Investor 475
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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?

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Investors are buying more, but spending less

Housing Wire

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4% of all home purchases nationwide, compared with 11.5% of the market. of the market.

Investor 545
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Waltz raises another $25M to power international real estate investment

Housing Wire

residential real estate is drawing increasing interest from international investors —particularly in Latin and South America — according to Miami -based Waltz , a digital mortgage platform that caters to foreign buyers. property investment amid global economic uncertainty. homes, Waltz noted.

Investor 372
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Private equity and insurance companies piling into residential mortgages

Housing Wire

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. Moreover, the prolonged high-interest-rate environment is leading to lower refinancing rates, which extends the duration of cash flows that investors can expect from these assets.

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Outsourcing for efficiency: How SitusAMC is enhancing primary market origination with third-party resources

Housing Wire

SitusAMC a top-of-the-line provider of investment advice, talent solutions, and digital tools offers a rare opportunity for lenders and investors. SitusAMCs solutions help lenders and investors handle originations, secondary markets transactions, MSR and portfolio management, and valuations without compromising marketplace agility.

Marketing 367
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Redwood adds alternative loan products to its home equity platform

Housing Wire

The platform’s new offerings include loans underwritten by bank statements and CPA-prepared profit-and-loss statements, as well as debt-service-coverage ratio (DSCR) loans for real estate investors that complement CoreVest s direct lending capabilities.

Equity 417