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Investor homebuying has fallen by nearly 50%: report

Por: New York Post Life February 25, 2023

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Average American homebuyers have cause to rejoice: Recent findings show the amount of residential real estate supply being scooped up by corporations has dropped precipitously, meaning less competition for the common folk.  Year-over-year, businesses bought 46% fewer homes in the fourth quarter of 2022 than they did in 2021, a by real estate brokerage Redfin reported. The recent decline set a new record, putting the subprime mortgage crisis of... + full article



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