|
|
|
|
|
by jmoak3
1468 days ago
|
|
Something like 15% of all home sales over the past year were institutional buyers according to a report by the national association of realtors. [0] It was more dramatic for some counties - Austin’s for example saw 41% of homes sold to institutional buyers. As rates rise and a recession looms, time horizon before profitability shrinks and ability to pay rent falls into question, which puts these regions at risk of a crash in price as these parties may have to liquidate. Tread lightly! [0] https://cdn.nar.realtor/sites/default/files/documents/2022-i... EDIT: 20% to 15% |
|