Great Inventory for 2025 Real Estate Investors!

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  • Опубликовано: 31 янв 2025
  • January 2024 was not a good time for investors. The inventory of both new and existing homes was tight, and rates were still higher than what most found acceptable. Now in 2025 that has mostly changed. What has changed is builders have ramped up their home building and have rekindled their relationship with the Virtual Real Estate Team. Why? Because in the last two years we have closed 100% of our investors and that is not an easy task. However, one thing has not changed and that is rates being higher than we would like but builders are coming to the rescue. First, D.R Horton the largest builder in the US is offering rates for investors that are about 1.5% lower than the current rate. When the jobs report came in hot with about 100,000 jobs created more than expected the bond market reacted negatively for rates. Rates with discount points went to 6.5% for a 30 year fixed. Horton countered that with a fixed rate of 5% for 30 years with the same points. This makes a huge difference in cash flow and makes these investment homes pop. This will not last long so homes need to be closed by the end of March but if it is April it will be there for you but with extra costs, then it is over. Horton because they are publicly traded with their own mortgage company can essentially subsidize the rate and they are still offering $5000 to help with your rate buy down. Our other builder didn't match this rate but did discount their homes with new construction for a 3/2/2 new home as low as $176,000 and up to $245,000 that also make positive cash flow work for you. These properties are in the Oklahoma City area only and supply is limited. If you want to take advantage of incredibly low rate or affordable homes below $200,000 then please contact us quickly;y at joan@vreteam.com.

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