Investors Are Buying Roughly Half as Many Homes as They Were a Year Ago
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a
Rental price growth is slowing due to increasing supply and waning demand. There are 11 metros where rents are already falling, with Phoenix and Oklahoma
Pending sales increased 3% in December from the month before, the first monthly gain since October 2021. But sellers remained on the sidelines, with new
Rents rose 5% from a year earlier, the smallest increase in nearly a year and a half. That’s roughly one-third the pace of growth seen
Buyers received concessions—such as money for repairs and mortgage-rate buydowns—in a record 42% of home sales in the fourth quarter, up from 31% a year
That outpaced the 31% decline in non luxury home sales—which was also a record drop—but there are early indicators that homebuyer demand may inch back.
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a
Rental price growth is slowing due to increasing supply and waning demand. There are 11 metros where rents are already falling, with Phoenix and Oklahoma
Pending sales increased 3% in December from the month before, the first monthly gain since October 2021. But sellers remained on the sidelines, with new
Rents rose 5% from a year earlier, the smallest increase in nearly a year and a half. That’s roughly one-third the pace of growth seen
Buyers received concessions—such as money for repairs and mortgage-rate buydowns—in a record 42% of home sales in the fourth quarter, up from 31% a year
That outpaced the 31% decline in non luxury home sales—which was also a record drop—but there are early indicators that homebuyer demand may inch back.