Introduction

Today, we would like to share valuable insights and updates on the current state of the housing market and our efforts to make a positive difference in the lives of deserving families. In this article, we’ll explore the unique circumstances of the housing market, offer tips for buyers and sellers, and provide a comprehensive overview of our Q1 results. Join us as we delve into the exciting world of Housing PhilanthroInvesting!

The current state of the housing market

The housing market is undergoing a fascinating transformation, according to an insightful article in Forbes. While there has been a decline in the median sales price of existing homes over the past two months, signaling good news for home buyers, overall price declines across the nation are unlikely due to homeowners holding onto their properties. This situation poses ongoing affordability challenges, particularly for first-time homebuyers. High mortgage rates, rising home prices, and concerns about inflation, economic growth, and a potential recession have deterred many prospective buyers.

However, economists predict that the housing market is more likely to self-correct rather than crash. It’s important for buyers to base their purchase decisions on their personal financial situation rather than trying to time the market, as waiting for significantly lower prices could lead to disappointment. Similarly, sellers should remain flexible and consider lower-priced housing markets if their desired area is financially out of reach.

Our SOLUTION: Q1 2023 Results: For Families!

At PhilanthroInvestors, we don’t give up. Our results speak for themselves despite the challenging economy. Our commitment to helping families in need has yielded remarkable results in the first quarter of 2023. We are excited to share our accomplishments and the positive impact we have made. Let’s dive into the numbers and highlights from our quarterly reports:

Impressive financial performance

As we kick off 2023, we’re excited to share the tremendous progress we’ve made in acquiring homes, expanding our reach, and improving the lives of families in need. Join us as we take a closer look at our accomplishments in the first quarter of this year, and the impact we are making.

Through May, we have already acquired nearly as many homes as we did in all of last year! This remarkable progress is a testament to our dedication and the support of our growing team of PhilanthroInvestors™. With their involvement, we are expanding our reach and touching the lives of even more wonderful and deserving families. Let’s dive into the numbers and see how we’ve done so far.

Financial Performance

Our commitment to growing financially while making a positive impact is reflected in our Q1 2023 results. Take a look at the averages:

• Average Equity Gain: 23.85%

• Average Cap Rate: 11.34%

• Average Investor Price: $50,515

• Average After Repair Value (ARV): $79,253

• Over $3 million in assets recovered

We are pleased to announce our expansion into four additional counties and nine additional cities. This expansion allows us to reach communities that may not have previously had access to our assistance. By expanding our reach, we are creating opportunities for more families to benefit from our mission.

Focus on families

At the heart of our work is the positive impact we have on families. We are proud to report the following improvements

• A 0.5% decrease in families 90+ days past due

• A 4.6% decrease in families 90 days or less past due

• A 5.1% increase in families current on their payments to a total of 78.6%.

• Average monthly payment reduced to $574.82, $10.71 less than the previous quarter

This quarter’s successes reinforce our commitment to helping families achieve financial freedom and turn their dreams into reality.

About PhilanthroInvestors

PhilanthroInvestors combines traditional venture capital financing tools with philanthropic principles to achieve social impact. By secure, meaningful, and profitable investments, they bring capital and also change people’s lives.

PhilanthroInvestors are currently working in four sectors – Housing, Water, Health and Environment – and will be adding more investment sectors in the future. PhilanthroInvestors founder Ivan Anz owns companies on three continents and has investors in 14 countries.

Discover how investing with us can secure your future. Get in touch here.