Investor purchasing of homes were down by 6% year-over-year in the first quarter, the lowest level since the start of the pandemic 2020. According to data from Redfin, the last time investors bought so few homes was in 2016. Real estate investors purchased 19% of...
The Real Brokerage Inc. (NASDAQ: REAX) has opened a shareholder Q&A platform for use on the company’s upcoming conference call to discuss its third quarter financial results. Real Brokerage will hold the call at 8:30 a.m. ET on Nov. 7. With the new platform,...
The British Columbia Securities Commission (BCSC) announced it is returning $2.1 million to investors who were defrauded in a real estate investment scheme that drained $33 million from its victims. In 2016, the BCSC found sisters Siu Mui “Debbie” Wong and Siu Kon...
A total of 308,922 single-family homes and condos were flipped in the U.S. during 2023, according to data from ATTOM. This represented a 29.3% plummet from the 436,807 total in 2022, marking the greatest annual decline since 2008. Flips accounted for 8.1% of all 2023...
Investor purchases of residential properties plummeted by 29.7% year-over-year during the third quarter, according to new data from Redfin (NASDAQ:RDFN). Investors purchased 48,667 homes between July and September, or 15.9% of all homes sold during that period, the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
