According to a recent special report form CoreLogic, home purchasing by investors has reached its highest level in nearly 20 years. Their report, Investor Home Buying, took a deep-dive into investor’s homebuying activity all across the nation. Among their findings was the fact that the increase in activity wasn’t from the big institutional buyers, but rather from smaller investors “mom-n-pops” who are just getting into the game – perhaps like many of you reading this post! They also suggest real estate investors are meeting the needs of the entry-level market. Indeed….
“…investors appear to be focusing in the starter-home tier, giving first-time homebuyers a run for their money while also chasing homes in markets with relatively high rents…”