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Investors Back In The Game As Investor Home Purchases Surge 13.7% In Q2, According To Redfin - Biggest Jump Since 2022

By Yahoo! Finance   |   Aug 19, 2024 at 09:29 AM EST
Investors Back In The Game As Investor Home Purchases Surge 13.7% In Q2, According To Redfin - Biggest Jump Since 2022

Investors have increased home purchases this year by 3.4% compared to last year, totaling $43 billion. They are capitalizing on rising rental demand due to high home prices and mortgage rates, with a significant portion paying in cash.

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