Investors have been snapping up growing numbers of homes amid one of the hottest housing markets in living memory. Now, homeowner associations are fighting back, rewriting their rules to try and prevent investors from buying homes in their neighborhoods. Some homeowner associations are reportedly concerned that a rise in homes acquired by investors could lead
Builders keen to work with bulk-buying new home investors
American home builders have traditionally always kept investors at hand’s length, preferring to sell directly to individual buyers – homeowners – who’re usually happier to pay more to secure the home of their dreams. But with the market the way it is, with builders facing rising costs and more buyers consequently being priced out of
Rise in cash offers negatively impacts traditional buyers
A rise in the number of buyers who’re prepared to pay for homes fully in cash means that those who require financing are struggling to compete. Recent data from realtor.com shows that all-cash deals comprise as much as 36% of all real estate transactions in certain U.S. markets. That’s a problem, because those who can