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Investors are purchasing fewer homes, but they still account for nearly 25% of sales

Housing Wire

The share of single-family homes sold to investors peaked at nearly 30% at the start of this year, but these types of transactions dropped significantly in the ensuing six months, according to a CoreLogic report released Wednesday. Investor purchases began to decline in March 2024 and by June represented 23.4% of all U.S. home sales.

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‘Zillow, virtually stage my listing photos in an art deco style with pink accents!’

Housing Wire

On Tuesday, the residential real estate giant announced the acquisition of Virtual Staging AI (VSAI). Founded in 2023 by Michael Bonacina and Mikhail Andreev, VSAI helps home sellers, agents and photographers create digitally staged images of a listing, eliminating the need for physical furniture in the home.

Staging 409
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Meet Collov AI: The world’s first listing marketing AI agent built for real estate

Housing Wire

Staging a home can make or break a sale but the traditional approach is broken. Even the traditional virtual staging solutions take days to turnaround, while todays buyers make decisions to attend an open house onlineoften in seconds. Collov AI : A smarter, faster and an AI way to stage Collov Inc. ,

Agents 239
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Year-end pricing strategies: How to position your listings for maximum appeal

Housing Wire

This price cut might attract budget-conscious buyers or investors looking for a deal and can be framed as a limited-time offer. In addition, the end of the year may find some buyers motivated to invest proceeds from a previous home sale to avoid a big tax hit; investors might also be looking for something that minimizes their tax burden.

Staging 370
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Black Knight offers new servicer solutions to curb foreclosure, late-stage default

Housing Wire

The Collections solutions are geared toward helping to prevent foreclosure and late-stage default by making qualified assistance options timelier and more accessible to both homeowners and servicers, Black Knight said on Thursday. “By The deal is facing criticism due to antitrust concerns from trade groups and investors.

Staging 383
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How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

Renovation 2: Taking (calculated) design and staging risks Part of creating a vibe that sells is taking risks. The most talented designers in your city will be booked for months, if not years, and new designers might not have the experience to bring your vision to life. They might not be able to articulate why, but theyll know.

Closing 362
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Gradient Mortgage Capital launches to serve DSCR clientele

Housing Wire

. “Gradient Mortgage Capital understands that every deal is unique, which is why their loan solutions are designed to help mortgage intermediaries assist entrepreneurial real estate investors at every stage of their journey,” the company explained in its news release. ”

Mortgages 244