Fix-and-flip activity declined, yet profit margins experienced slight growth.
Investors flipped 297,885 homes in 2024, reflecting a 7.7% decline from the previous year and a 32.4% drop from the 2022 peak. Insights for private lenders.
SFR Investors Reduced Home Purchases This Year
Institutional investor activity declined as iBuyers, flippers, and sale-leaseback firms emerged to fill the gaps in the mortgage market.
Is the DOJ a legitimate concern for real estate professionals?
DOJ CID raised concerns over CCP, yet the Division seems indifferent to NAR's controversial policy, signaling potential shifts in regulatory focus for private lenders.
Realtor.com Reports Decline in Multifamily Permits May Increase Rents
Demand for larger rental units is rising as fewer renters seek to become first-time homebuyers, potentially influencing rental price trends in the market.
Single-Family Housing Starts Increase by 11.4%
Single-family housing completions have increased to 1.06 million, reflecting a significant rise in construction activity, offering insights for private lenders.
New Rental Home Community Launches in Phoenix
Discover a new rental home community in Phoenix with rents starting at $2,710 per month. Explore investment opportunities in this growing market.
Are GSEs Facing Changes? FHFA Director Mentions Reviews of Work and Payments
FHFA director highlights staffing levels at Fannie Mae, reporting that only 49 of 2,900 employees are present at the offices, raising operational concerns.
An Op-Ed by Phil Hall: Protect the CDFI Fund from Potential Cuts
Explore insights on the CDFI Fund's integrity and its critical role in supporting community development loans for private lenders. Click to read more.
REX seeks rehearing in lawsuit involving NAR and Zillow.
Defunct discount brokerage REX Real Estate continues its antitrust fight against Zillow and the National Association of Realtors, challenging industry practices.
Michael Brennan Aims to Build a Lean and Efficient Operation at NMB
Michael Brennan's journey at Movement Mortgage reflects a remarkable career ascent, highlighting significant growth in the Northeast and leadership in the industry.