Is Wall Street Really Buying 44% Of Homes? Report Says Not Even Close [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Claims of Wall Street dominance in the housing market vastly overstate institutional buyers' actual market share, with data showing large investors account for less than 1% of recent purchases, according to a new analysis from HousingWire. The viral claim that institutional investors purchased 44% of American homes in 2023 proves mathematically impossible based on market data. According to Freddie Mac data cited by HousingWire, even at their peak, institutional buyers – defined as those purchasing 100+ homes annually – never exceeded 2.5% market share since 2000. Don't Miss: CEO of Integris gathered a team of senior investment managers who have $34.22 billion in combined owned and managed assets in the West Coast — here's how to invest in their private credit fund that targets 12% annual interest rate. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger
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News
- The Fed cut interest rates, but mortgage costs jumped. Here's why [CNBC]CNBC
- The US housing market has had a tough year. Here's what could save it [Yahoo! Finance]Yahoo! Finance
- The US housing market has had a tough year. Here's what could save it [CNN]CNN
- The US housing market has had a tough year. Here's what could save it [CNN]CNN
- The Fed is cutting, but mortgage rates keep… [USA TODAY]USA TODAY
FMCC
Analyst Actions
- 11/20/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 11/25/24 - Form ABS-15G
- 11/21/24 - Form ABS-15G
- 11/6/24 - Form ABS-15G/A
- FMCC's page on the SEC website