Real Estate News | Real Estate Investing | Stock Market Investing | Passive Income | Flipping | 1031 Exchange | Private Lendi

The Real Estate News Brief: Inflation Speeds Up, U.S. Homes Growing Old, Investor Activity in Q4

Informações:

Sinopse

In this Real Estate News Brief for the week ending February 17th, 2024... why the latest inflation reports could delay a rate cut, why U.S. homes are growing older overall, and what share of home sales went to investors in the fourth quarter of last year...   ...Investors are working their way through the tough housing market, with some success. Redfin reports that investors accounted for 26% of low-priced home purchases in the fourth quarter. And about two-thirds of those investor transactions were single-family homes.    Looking only at the price points that investors are buying, about 46% were low-priced, 24% were mid-priced, and 28% were high-priced. Redfin agent, Carrie Caruthers, says: “I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. When they find those properties, they pile in.”   On that note, I’d like to add that you can get help finding those kinds of properties as a RealWealth member.