New Western

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.

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.

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.

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. 🏚️ 👀

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...

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.

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 🏡✨

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...

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! 🌟

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.

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.

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.

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. 🏘️

⛳ 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! 🙌🇺🇸

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.

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!

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.

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.