Investors across the country are looking to cash in on skyrocketing house prices and rents, putting them in competition with new buyers trying to work their way to homeownership. Real estate investors bought a record 18% of the homes sold in the third quarter, according to a new Redfin report.
The post Are investors to blame for low housing inventory? appeared first on Atlanta Agent Magazine.
Nationally, investors bought a record 18% of homes sold in the third quarter of this year, and they are increasingly turning to single-family homes, according to Redfin.
The post Are investors to blame for low Seattle housing inventory? appeared first on Atlanta Agent Magazine.
Across the U.S.’s red-hot competitive housing market, real estate supply shortages are being exacerbated in a majority of the largest cities by property investors.
The post Property Investors Are Exacerbating Supply Shortages in a Majority of the Largest U.S. Metro Areas appeared first on Real Estate News & Insights | realtor.com®.
Despite the popularity of home-flipping shows on HGTV and Discovery+, the COVID-19 pandemic curbed the number of home flips last year.
The post The Pandemic Turbocharged the Housing Market, but Not for Home Flippers appeared first on Real Estate News & Insights | realtor.com®.
Home flippers enjoyed their best-ever paydays this fall as the pandemic pushed home prices up to new highs even as the number of flips continued falling.
The post Why Are Fewer Investors Flipping Homes Despite Record Profits? appeared first on Real Estate News & Insights | realtor.com®.