Investing in Real Estate consistently ranks at the top of annual investment surveys, so it was no surprise to learn that 16% of single family rentals are owned by an investor living in another state. Now, new data from ATTOM Data Solutions (parent company of RealtyTrac) shows that 3.4 million single-family investment homes nationwide are owned by someone living in another state – representing 16% of all SFR’s. The five states with the most investment homes owned by out-of-state investors are California, Florida, Texas, New York, and Illinois.
Trending
- Top 50 U.S. Metro Areas have 31 NFL Teams
- Building Material Prices Continue to Rise
- ICE April 2024 Mortgage Monitor
- How to Succeed in Multifamily Real Estate Investing
- Supreme Court Rules Government Can’t Use Permit Process to Coerce Property Owners
- CoreLogic Says Rent Growth Posts Highest Annual Increase Since Spring ’23
- Foreclosure Starts Increase Slightly
- Existing Home Sales Drop 4.3% in March