Reported 1 day ago
In 2024, investor purchases of homes in the U.S. decreased from record highs, with investors accounting for only 13% of buyers, while the cash purchases by investors fell to the lowest level since 2008. This decline could potentially create a more favorable environment for first-time homebuyers, as investors typically compete in the lower end of the market. Areas like Missouri, Oklahoma, and Kansas saw significant investor activity, indicating a shift in focus away from expensive markets like New York City.
Source: YAHOO