General World News

Fix-and-flip investors are filling in the gaps in some housing markets: report

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western.

“Investor sentiment is positive right now as they haven’t let the macroeconomic environment slow them down,” said Kurt Carlton, co-founder and president of New Western, one of largest real estate investment marketplaces in the U.S. “The U.S. is lacking about 320,000 listings valued at the affordable range for middle-income buyers. These investors see details ⇒

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