Skift Take
The real estate market might be tight, but investors' purse strings are still loose
That investors are buying single-family homes across the country is not new, but how much and where?
Investor activity is particularly notable in Sun Belt markets with strong population and rental growth. In early 2022, 28% of home sales were to investors buying single-family homes. This increase in investor activity persisted even as owner-occupant purchases declined, research from Harvard University’s Joint Center for Housing Studies found.
Skift reached out to CoreLogic, which provides real estate data, to learn the leading states where investors were buying up single-family homes.
“The data shows that investors are sticking around late even though interest rates are high,” said Thomas Malone,