Kurt Carlton of New Western on “The Great Renovation”
Today’s episode is all about “The Great Renovation” that is happening in 15 million vacant homes in the US, and the investors — particularly Gen Z — that are buying these properties, adding value, and bringing them back to the market for sale or as rentals.
Clayton got to sit down with Kurt Carlton, the President and co-founder of New Western, a real estate investment marketplace that helps investors find homes to rehab. Kurt unpacks all the activity that he’s seeing from investors that are buying and adding value to homes all across the US. They also talk about the related problems that investors are facing that are plaguing the larger housing ecosystem, including increased labor and material costs.
Related to this episode:
The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Clayton Collins and produced by the HW Media team.