53 Percent of Residential Real Estate Investors Expect Business Growth in 2024
DALLAS, Dec. 13, 2023 /PRNewswire/ -- New Western, the largest national private real estate investment marketplace, today released a study on single family real estate investor sentiment and first-time home buyers' perception of the housing market. Notably, 53 percent of residential real estate investors expect business growth in 2024, while 55 percent of consumers feel that local investors can help solve the housing shortage.
- Notably, 53 percent of residential real estate investors expect business growth in 2024, while 55 percent of consumers feel that local investors can help solve the housing shortage.
- Further, location/neighborhood consistently remains the most important factor for investors' buyers outperforming interior design, outdoor space and home square footage.
- "Investors are fueled by the opportunity to capitalize while delivering much needed residential properties back to the market."
- "2024 will bring prosperity in looking towards residential and student housing alongside renovation strategies and new builds from existing HUD and FHA renewals.