New Western Acquisitions
Edit

New Western Acquisitions

http://www.newwestern.com/
Last activity: 14.12.2023
Categories: DataEconomyEstateFinTechHomeIndustryLocalMarketMarketplaceProperty
Born out of the chaos of the 2008 foreclosure crisis, New Western has grown to be the largest private source of residential investment properties in the nation. From the very beginning, we’ve been on a mission to solve problems for distressed home sellers while providing opportunities for local real estate investors. Prior to 2008, investors leveraged conventional means to find and buy properties. But 2008 changed everything. In a post-crash economy, we knew a traditional approach to an untraditional situation wouldn’t work. Arguably the first company to aggregate foreclosure data and apply core algorithms to identify investment opportunities, we turned the traditional industry model on its ear. We created a marketplace of investment properties ready to go the moment an investor was ready for the next deal. Suddenly, investors who used to spend months prospecting were able to identify and purchase their next property within days. Now, more than a decade later, we continue to put our experience to work for our investors. We draw on deep local market knowledge and a wide array of data to deliver a constant supply of inventory to the market. But it doesn’t stop there. We work tirelessly behind the scenes to navigate complicated transactions, eliminate obstacles, and deliver a seamless closing experience — all while giving home sellers a fresh start. What started out as a few hungry entrepreneurs driven to organize an erratic industry has transformed into hundreds of acquisition agents solving problems and delivering opportunities for both home sellers and investors all across the country.
Likes
9.3K
Followers
12.23K
Website visits
179.2K /mo.
Mentions
12
Location: United States, Texas, Irving
Employees: 201-500
Phone: +1 866-756-6852
Founded date: 2008

Mentions in press and media 12

DateTitleDescription
14.12.2023The home-flipping rebound is for real as profits jump after a bleak stretch, real estate tracker saysReal Estate The home-flipping rebound is for real as profits jump after a bleak stretch, real estate tracker says Filip De Mott 2023-12-14T16:00:17Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email...
14.12.2023The home-flipping rebound is for real as profits jump after a bleak stretch, real estate tracker saysHome-flipping margins and profits hit their highest level since mid-2022, ATTOM reported. Gains in home prices this year helped boost the values of flipped properties. Advertisement Home-flipping activity dropped again in the third quarter,...
17.10.2023 SFR, fix-and-flip sectors are in a ‘bit of a malaise’The single-family rental (SFR) sector and its close cousin, the fix-and-flip market, are now essentially treading water in an environment of high interest rates, approaching 8%; high home prices; and a dearth of home-purchase inventory. Sti...
21.08.2023 Nearly 40 housing tech firms make the 2023 Inc. 5000 listThe past year hasn’t been particularly good for tech or housing. As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Magazine list of the 5,000 fastest growing private companies in Am...
17.08.2023 Just 16 mortgage lenders, brokers make Inc. 5000 list in 2023Reflecting the housing industry’s headwinds, just 16 mortgage lenders and brokers made the annual list of Inc. Magazine‘s 5,000 fastest-growing private companies in the U.S. for 2023. It’s a sharp decline from 2022, when nearly 70 mortgage ...
28.06.2023 Fix-and-flip investors are filling in the gaps in some housing markets: reportRoughly 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 s...
13.06.2023 Institutional SFR market poised for a reboundThe first quarter of 2023 proved a tough market for everyone in the housing industry, including institutional buyers of single-family rental (SFR) properties, but there are signs the second quarter of this year has been far more buoyant for...
17.05.2023 Fix and flip market struggles as financing costs riseTransactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. In fact, ATTOM repo...
03.05.2023 Market conditions no longer favor large SFR playersThe institutional single-family rental (SFR) market has expanded rapidly over the past decade as an alternative to homeownership, but it is now facing major headwinds in the form of a rapid jump in interest rates and still-high inflation co...
08.10.2022How Digital Platforms are Transforming the Real Estate IndustryShare Tweet Share Share Email Twenty years ago, the real estate business was primarily a very local ordeal. Real estate agents and home buyers had to work at a very local level in order to buy and sell a home. There was no Realtor.com, Real...
Show more

Reviews 0

Sign up to leave a review

Sign up Log In