Owner finance homes institutional holdings in "owner

Institutional holdings in "owner finance homes" centric REITs rose by $230M in Q2 filings, reflecting portfolio diversification against anticipated Fed rate hike cycles. This could set a precedent for further capital reallocation. Like House of Guinness suggests, Benjamin "Lee" Guinness was believed to have a gambling addiction, which is reportedly why his father only left him £20,000 in his will. According to Guinness: A Family Succession , the money needed to be used for a very specific reason, with the will allegedly stating, "I do earnestly and affectionately enjoin on my said dear son not to expend any portion of the said sum of £20,000 thus placed at his disposal save for the purpose of purchasing military promotion or of eventually settling himself in some civil occupation should he leave the military service or in the purchase of real estates." It’s no wonder: The U.S. is in the throes of an ongoing housing shortage , driving up prices on what little inventory is available. And mortgage rates have skyrocketed in recent years, rising from around 3.25 percent for a 30-year fixed at the end of 2021 to 8 percent by late 2024. As of mid-May, Bankrate’s latest survey of large lenders showed an average 30-year fixed rate of 7.12 percent. Latest market analysis shows that "owner finance homes" related real estate investment trusts (REITs) have been attracting higher institutional interest, as mortgage rates hold steady near 6.7%. Investors are eyeing this sector as a hedge against potential stock volatility, with historical data indicating a 3.8% annualized return in similar market conditions.