New Western
New Western is a real estate investment marketplace with exclusive inventory for investors, a solution for sellers, and a tool for agents and brokers.
Our office is right off of US Hwy 1, outside the Pilgrim Gardens shopping mall in the outskirts of Philadelphia in Drexel Hill, PA at 401 Pilgrim Lane, Suite 201, Drexel Hill, PA 19026. Reach out if you are an investor looking to buy a property, a homeowner who needs to sell, or a real estate agent with a difficult listing in the Montgomery and Delaware County area. We are licensed agents and expe
An inside look at how independent investors are filling the housing gap in their communities and creating momentum across the country.
These New Western markets have seen the highest percentage of sales growth year over year.
Read the full Flip Side report: https://bit.ly/4d5LAIa.
08/15/2024
Every 13 minutes, we buy properties across 40 markets - yes, from wholesalers too!
Have a property you're looking to sell? Check out www.newwestern.com/wholesaler.
08/15/2024
The ‘Great Renovation’ reveals that addressing housing infrastructure requires more than just builders and government efforts.
In 2023, investors facilitated 163,894 home flips, offering affordable housing at 21% below average prices across the markets New Western operates in.
Discover how this movement is making a difference: https://bit.ly/4drriZF.
Are Home Flippers on the Verge of Outperforming Builders? The number of home rehabilitations is closing in on the number of new builds, with both men and women benefiting, New Western reports.
Witness the incredible of this 3 bed, 3 bath St. Louis home, masterfully flipped by one of our talented investors. The results are nothing short of stunning!
Flippers have a great opportunity to add more livable homes to the market. With many longtime homeowners downsizing, millions of vacant and aging properties across the country are ready to be renovated and revitalized.
For more insights, read our latest Flip Side report: https://bit.ly/4d5LAIa.
Step into this timeless, charming Piney Point Village townhome! Dexter, one of our Houston New Western agents, showcases a property that’s a true throwback with its sunken living room, wall mirrors, and spiral staircase. We can’t wait to see how this gem transforms while preserving its vintage charm. ✨
08/08/2024
Despite current interest rates, demand for affordable inventory remains high. Small mom-and-pop investors are expanding as institutional players pull back.
Read the full HousingWire article here: https://bit.ly/3X6tjoB.
Real estate investors have a ‘cautiously optimistic’ outlook: survey - HousingWire Single-family rental investors worry about rising insurance costs, but the majority expect to buy more properties in the next year.
Local investors are on the verge of outperforming builders. 📈
The gap is closing fast, with flippers almost outpacing builders in adding new inventory to the housing market. 🏘️
Find more insights in our latest report 👉 https://bit.ly/4d5LAIa.
08/06/2024
Our Denton office had an exciting morning at the foreclosure auction today! Our team worked hard, navigating the fast-paced bidding to secure some great properties.
They got four amazing finds available on a first-come, first-served basis. Check them out while you can. 🏚️ 👀
08/05/2024
Local real estate investors are playing a crucial role in meeting community needs and enhancing housing affordability, increasingly challenging the traditional lead of home builders.
Report: Local Real Estate Investors on the Verge of Outperforming Builders - The MortgagePoint The report from investment marketplace New Western notes that vacant or uninhabitable homes that have been flipped contribute to new inventory at a level comparable to new construction. Investors are selling these flipped homes at an average of 21% below the market sales price, making them an attrac...
08/02/2024
New Western President and Co-founder, Kurt Carlton recently spoke with HousingWire for an insightful conversation about the single-family rental and fix-and-flip markets.
This discussion highlighted findings from our latest Flip Side Report, revealing that our investors' performance is nearly matching that of builders in many markets nationwide.
Read the full HousingWire article: https://bit.ly/4fr3YN8.
New Western’s Kurt Carlton discusses the ‘Great Renovation’ - HousingWire More investors who buy single-family homes and rehabilitate them could give the housing market a much-needed shot in the arm.
Mid-Year 2024 Real Estate Trends! Our new report reveals how local investors are impacting housing inventory and affordable housing, along with key demographic shifts.
Explore insights from our survey of 1,300 investors: https://bit.ly/4d5LAIa.
07/24/2024
Thrilled to help our investor, Segun, stationed in Italy achieve her investment goals! 🇮🇹 Our awesome agent, Chuy, and the rest of the San Antonio team made it seamless for her to acquire a property sight unseen in Cibolo, Texas.
Distance is no barrier to property dreams! She’s now successfully flipped the property 🏡✨
You won’t believe this Virginia Beach property transformation! 🏚️🛠️🏠 Our investor snagged this property for $270k, put $90k into the rehab, and sold it for $424k and the results speak for themselves! 👀
Massive shout-out to NW agent Josh for connecting the perfect investor for this job. 🤩
07/19/2024
Homeownership seems daunting for many Americans with mortgage rates around 8%, high prices, and low inventory. Yet, some cities stand out, offering more affordable options and a higher quality of life.
According to Realtor.com economist Jiayi Xu, six out of ten top metros have median home prices below the national average of $429,500 and seven feature price-per-square-foot below the national median of $222.
Keep an eye on these metros in 2024 for a blend of affordability and quality living.
10 Up-and-Coming Cities To Buy a Home in 2024 It's no secret that the housing market has been very difficult recently. Mortgage rates hovering around 8%, high prices and low inventory -- partly due to homeowners feeling "locked in" by the lower...
“I approach every investor and every deal as a deal I would buy myself,” says Denton agent, Kat Ely. This level of dedication and personal investment earns her clients' trust and leads them to refer her to other investors. 🤝
Our agents stand out by handling each opportunity with the utmost care and dedication. 💪
07/17/2024
Check out this incredible just outside St. Louis, MO! 🏚️🛠️🏡 Thanks to one of our talented investors, this 3 bed, 1 bath property has been beautifully transformed into a lovely home for its new homeowners.
A special thanks to NW agent Jordyn for connecting the right investor to this project! 🌟
07/15/2024
We had an amazing month of REI on Tap events in June! 🤝🏘️🍻These networking gatherings are perfect for real estate investors, agents, wholesalers, and contractors to meet and network in a relaxed, pitch-free environment.
Check out our upcoming events 👀
Salt Lake City: July 25
Philadelphia: August 1
Tampa Bay: September 10
Denton: September 10
Join us for a great time and valuable connections! Learn more and RSVP today at www.newwestern.com/events.
07/12/2024
The housing market is recovering with rising inventory, but new home supply is unusually high compared to existing homes. This dynamic, influenced by past and current market forces, keeps prices high despite more options.
Understanding these trends is crucial for buyers and investors. Read the full CNBC article to learn more.
It suddenly looks like there are too many homes for sale. Here's why that's not quite right Inventory of both new and existing homes is finally rising, but the supply of newly built homes appears to be way too high.
Thinking about buying property?📍🏠 Look at the big picture: location, economic opportunities, safety, affordability, growth, education, and climate.
Average U.S. home price: $513,100, up from $375,500 5 years ago. 📈
Read the full Yahoo Finance article: https://yhoo.it/3S4fPX8.
Special thanks to Jordan Aniag - New Western Pittsburgh for his service and to all who serve. 🇺🇸
Real estate is an excellent career choice for transitioning military veterans. Your dedication to mission completion and achieving objectives makes you excel in this field, providing stability, opportunity, and financial independence.
If you’re transitioning out of the military and interested in real estate, we can help you succeed. Learn more 👉 www.newwestern.com/careers.
07/03/2024
Gallup’s latest 2024 survey is in: real estate is the top long-term investment for the 12th year in a row! 🏠📊✨
Real estate investors understand that property values generally appreciate over time, enhancing net worth. Purchasing a home remains a strategic financial decision, as historical data shows that real estate consistently appreciates, making it a reliable way to grow wealth. 📈
Read the full article: https://bit.ly/4cNX8PJ.
07/01/2024
Out-of-state investor? No problem! Straight from New York, Garza Chuy's savvy investor has just sealed the deal on this prime buy-and-hold property in San Antonio, Texas, with his trusty companion Bella by his side. 🐾.
Are you ready to invest like a pro? Connect with an agent today and explore your next investment opportunity. 🏘️
06/28/2024
⛳ Earlier this month, our 3rd Annual Charity Golf Tournament supporting the incredible Wounded Warrior Project was a huge success! We had an amazing day at Tour 18 golf course in Flower Mound, TX, filled with golf, breakfast, mini-games, raffle prizes, a delicious BBQ lunch, and fantastic company. 🏌️♂️🏌️♀️
Thank you to everyone who came out and supported such a great cause! 🙌🇺🇸
06/25/2024
Another , and we’re thrilled to share the first-ever house flip by one of our investors, Joey, in Pittsburgh! 🏚️👉🏡 Previously a buy-and-hold investor, Joey stepped out of his comfort zone and envisioned a stunning transformation after just two visits to this property. With the help of NW agents Jordan Aniag - New Western Pittsburgh, who identified and acquired the property’s potential, and Mehraan Moosa, who facilitated the sale, Joey turned a dated property into a beautiful home.
06/24/2024
Looking forward to Quest Trust Company's Quest Expo 2024 this week! Join Kurt Carlton, Co-Founder and President of New Western, as he discusses the Top 3 Trends and Outlook on the Texas Real Estate Investment Market. He’ll review the current state of the Texas market and highlight the top trends for 2024 that should be on your radar. 🏘️📊
🗓️ Reserve your spot today at https://bit.ly/3VBjay6 and see you at the main stage on Friday, June 28th at 9:30 am!
06/21/2024
New Zillow Data Highlights Growing U.S. Housing Shortage.
Despite a construction boom during the COVID-19 pandemic, the U.S. housing shortage reached 4.5 million homes in 2021. This worsening deficit is a key driver of the ongoing housing affordability crisis.
Kurt Carlton, President and Co-founder of New Western, sees hope in local investors and vacant homes. "A movement is happening with small local investors bringing livable inventory back to the market at more affordable prices," he shared.
Read the full Fox News article: https://bit.ly/4bdXqxW.
US housing shortage grew to 4.5 million homes amid affordability crisis, data reveals The study reveals the housing shortage grew, underscoring one of the root causes of the housing affordability crisis.
Thinking about investing in distressed properties? 🏚️ Agent Kate shares her tips: when evaluating a distressed property, focus on rehab costs with your contractor, assess the property thoroughly, and consider local market conditions for flipping or renting.
06/19/2024
With over 10 opportunities left to connect before the end of June, don’t miss out on our upcoming REI on Tap events! 🤝🏘️🍻 These networking gatherings are perfect for real estate investors, agents, wholesalers, and contractors to meet and network in a relaxed, pitch-free environment.
Find your local event 👀
Washington DC: June 19
St. Louis: June 19
Pittsburgh: June 20
San Antonio: June 20
Chicago: June 20
Denver: June 20
Los Angeles: June 20
Columbus: June 24
Orlando: June 25
Greenville: June 26
Austin: June 26
Join us for a great time and valuable connections! RSVP today: https://bit.ly/3VTpRtf.
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Address
401 Pilgrim Lane, Suite 201
Drexel Hill, PA
19026
Opening Hours
| Monday | 9am - 5pm |
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
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Drexel Hill
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