Investor Purchases of Single-Family Houses Plunged 32% in Q3, Plummeting the Most in “Pandemic Boomtowns”
by Wolf Richter, Wolf Street: “The prospect of substantial home-price declines puts them at risk of losing money.” Investor purchases of single-family houses plunged by 32.3% in Q3 compared to the same period last year, according to Redfin, based on county records in the 40 most populous metropolitan areas. Beyond the lockdown Q2 2020, this […]
