Investor Home Purchases Fell 30% in Third Quarter, Largest Drop Since Great Recession Aside From Pandemic Start

Investors are pumping the brakes—especially in pandemic boomtowns including Phoenix and Las Vegas—as economic uncertainty and the prospect of falling home prices raise the risk of real estate investing. Investor home purchases fell 30.2% year over year nationwide in the third quarter, the largest decline since the Great Recession aside from the second quarter of … Continue reading Investor Home Purchases Fell 30% in Third Quarter, Largest Drop Since Great Recession Aside From Pandemic Start