Redfin reports that home investors purchased 15.9% of the U.S. homes sold in Q3, with the typical investment home priced at $475,115, up slightly from $449,895 in Q3 of 2022.
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Homes Changing Hands at Slowest Pace in a Decade
The pandemic homebuying blitz between 2020 and 2021 has lowered the number of home sales nationwide to a decade-low of 14 in every 1,000 homes.
Read More »Homebuying Destination: The Danger Zone?
A new report from Redfin has found that more Americans are building homes in disaster-prone areas, as suburbanization and a shift to the Sun Belt have driven builders into more vulnerable areas.
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