Investor purchases of US homes are falling quickly and now a...
Investor purchases of US homes are falling quickly and now at 2008 levels.
In Q3 2023, investors purchased $36 billion worth of US homes, down 30% compared to 2022.
In many large cities, investor purchases are down well over 40%.
In Atlanta and Charlotte, investor home purchases are down a massive 50%.
We now have 20-year high rates with record high housing prices.
Not even investors can afford this market.
In Q3 2023, investors purchased $36 billion worth of US homes, down 30% compared to 2022.
In many large cities, investor purchases are down well over 40%.
In Atlanta and Charlotte, investor home purchases are down a massive 50%.
We now have 20-year high rates with record high housing prices.
Not even investors can afford this market.
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