{"id":72556,"date":"2021-05-19T07:00:10","date_gmt":"2021-05-19T14:00:10","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=72556"},"modified":"2022-04-06T15:32:03","modified_gmt":"2022-04-06T22:32:03","slug":"investor-home-purchases-q1-2021","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/","title":{"rendered":"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back"},"content":{"rendered":"<ul>\n<li>\n<h5 style=\"font-style: italic;\"><strong>Institutions are wading back into the U.S. homebuying market after pressing pause at the start of the pandemic<\/strong><\/h5>\n<\/li>\n<li>\n<h5 style=\"font-style: italic;\"><strong>Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy<\/strong><\/h5>\n<\/li>\n<li>\n<h5 style=\"font-style: italic;\"><strong>Investors have the highest market share in mid-sized cities including Miami, Charlotte, Las Vegas and Phoenix\u2014places that have been heating up because they\u2019re relatively affordable<\/strong><\/h5>\n<\/li>\n<\/ul>\n<p>U.S. home purchases by investors rose 2.7% year over year in the first quarter, marking the first period of growth since the coronavirus pandemic began. That follows three consecutive quarters of declines, during which investor purchases slumped by as much as 45.5%.<\/p>\n<p>We define an investor as any institution or business that purchases residential real estate. Scroll to the bottom of this report to read more about our methodology.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-72561\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-1-1.png\" alt=\"\" width=\"800\" height=\"555\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-1-1.png 1300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-1-1-300x208.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-1-1-1024x710.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-1-1-768x533.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>Investors bought about 1 of every 7 U.S. homes (14.9%) in the first quarter\u2014a rebound from the prior three quarters, during which they bought closer to 1 in 10 homes. Investor market share is now just shy of the 16.1% level it hit in the first quarter of 2020, when the pandemic had barely begun.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-72560\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-2.png\" alt=\"\" width=\"800\" height=\"552\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-2.png 1302w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-2-300x207.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-2-1024x707.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-2-768x530.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>\u201cInvestors are likely starting to feel more comfortable because the economy is in <a href=\"https:\/\/finance.yahoo.com\/news\/weekly-jobless-claims-week-ended-may-1-2021-pandemic-181819635.html\" target=\"_blank\" rel=\"noopener\">recovery mode<\/a>,\u201d Redfin Senior Economist <a href=\"https:\/\/www.redfin.com\/news\/author\/sheharyarbokhari\/\" target=\"_blank\" rel=\"noopener\">Sheharyar Bokhari<\/a> said. \u201cThey also may be jumping back in because they see the intensifying <a href=\"https:\/\/www.redfin.com\/news\/housing-market-update-home-prices-up-18-pct\/\" target=\"_blank\" rel=\"noopener\">shortage<\/a> of homes for sale as an opportunity. With so few houses on the market, many families are resorting to rentals. Flush with cash, investors are able to snap up the homes that <i>are <\/i>available, and then turn around and rent them out to folks who can\u2019t find a home or are priced out of homeownership. This is likely making the housing shortage even worse, and also means that individual homeowners sometimes end up competing with investors in bidding wars.\u201d<\/p>\n<p>A <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-28\/powell-breaks-out-the-froth-word-when-asked-about-markets?sref=fRZXrT1O\" target=\"_blank\" rel=\"noopener\">frothy<\/a> stock market is another factor that could attract more investors to real estate, according to Redfin Chief Economist <a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\" target=\"_blank\" rel=\"noopener\">Daryl Fairweather<\/a>.<\/p>\n<p>\u201cInvestors may shift away from stocks and toward housing because housing is a relatively safe bet,\u201d Fairweather said. \u201cThere aren\u2019t a lot of safe bets out there right now.\u201d<\/p>\n<p>Investors initially pumped the brakes at the beginning of the pandemic because the housing market had ground to a halt. The market then came <a href=\"https:\/\/www.redfin.com\/news\/housing-market-hottest-month-ever-in-march\/\" target=\"_blank\" rel=\"noopener\">roaring back<\/a>, but investors were slower to rejoin the party, likely due to lingering economic uncertainty. Many investors purchase homes with the intention of renting them out, so when <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-02\/new-york-real-estate-rent-drops-and-covid-deals-draw-bargain-hunters-to-nyc?sref=fRZXrT1O\" target=\"_blank\" rel=\"noopener\">rents plunged<\/a>, unemployment skyrocketed and evictions were <a href=\"https:\/\/www.cnbc.com\/2021\/05\/06\/eviction-ban-remains-in-effect-as-government-appeals-ruling.html\" target=\"_blank\" rel=\"noopener\">halted<\/a> due to the pandemic, some opted for a cautious approach.<\/p>\n<h3>Single-Family Homes See Biggest Gain in Investor Purchases<\/h3>\n<p>Investor purchases of single-family homes rose 4.8% year over year in the first quarter, outpacing growth in every other property type. By comparison, investor purchases rose just 0.9% for condos, and <i>fell<\/i> a respective 3.6% and 11.6% for townhomes and multifamily properties.<\/p>\n<p>This is likely because Americans have been prioritizing space and privacy during the pandemic, turning single-family homes into a hotter commodity than crowded apartment buildings in the city.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-72562\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-3.png\" alt=\"\" width=\"800\" height=\"557\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-3.png 1302w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-3-300x209.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-3-1024x713.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-3-768x534.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>Real estate giant Blackstone Group Inc. is one example of an investor that has jumped back into the single-family-home business. The Wall Street firm recently agreed to lead a $300 million minority <a href=\"https:\/\/www.housingwire.com\/articles\/blackstone-gets-back-into-the-single-family-rental-game\/\" target=\"_blank\" rel=\"noopener\">investment<\/a> in Tricon Residential Inc., an owner of single-family rental homes. That marks a reversal from 2019, when Blackstone <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-11-21\/blackstone-exits-single-family-rental-business-slammed-by-warren?sref=fRZXrT1O\" target=\"_blank\" rel=\"noopener\">cut back<\/a> its bet on the single-family-rental market.<\/p>\n<p>While investors have been buying more single-family homes during the pandemic, they still have the biggest market share in the multifamily sector. They bought a quarter (25.8%) of multifamily properties that sold in the U.S. during the first quarter. By comparison, they purchased 14.8% of both single-family homes and condos, and 12.5% of townhomes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-72563\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-4.png\" alt=\"\" width=\"800\" height=\"552\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-4.png 1302w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-4-300x207.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-4-1024x707.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-4-768x530.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3>High-Priced Properties See Largest Jump in Investor Purchases<\/h3>\n<p>Investor purchases of high-priced homes jumped 19.8% year over year in the first quarter. By comparison, investor purchases of mid-priced homes rose 12.7% and investor purchases of low-priced homes <i>declined<\/i> 9.2%.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-72564\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-5.png\" alt=\"\" width=\"800\" height=\"552\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-5.png 1302w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-5-300x207.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-5-1024x707.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-5-768x530.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>The market for high-end homes has <a href=\"https:\/\/www.redfin.com\/news\/luxury-versus-affordable-housing-market-q1-2021\/\" target=\"_blank\" rel=\"noopener\">flourished<\/a> during the pandemic, in part because affluent Americans\u2014with extra cash from a strong stock market and a year of being stuck at home\u2014have been relocating to vacation destinations to enjoy the sun and work remotely. Demand for second homes, which are often high-priced properties, has more than <a href=\"https:\/\/www.redfin.com\/news\/second-home-demand-doubles\/\" target=\"_blank\" rel=\"noopener\">doubled<\/a>.<\/p>\n<p>The housing shortage also <a href=\"https:\/\/www.redfin.com\/news\/luxury-versus-affordable-housing-market-q1-2021\/\" target=\"_blank\" rel=\"noopener\">isn\u2019t<\/a> as severe in the high-priced segment of the market, which may be another factor allowing investor purchases in that tier to outperform, Bokhari said.<\/p>\n<p>While investors have been snapping up high-priced homes during the pandemic, they still have the largest market share in the low-priced-home segment\u2014a trend that has held constant for decades. In the first quarter, 1 of every 5 low-priced homes that sold in the U.S. (20.8%) was purchased by an investor. That compares with 12.5% of high-priced homes and 11.3% of mid-priced homes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-72566\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-6-1.png\" alt=\"\" width=\"800\" height=\"553\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-6-1.png 1300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-6-1-300x207.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-6-1-1024x708.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-6-1-768x531.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3>Investors Have the Highest Market Share in Miami, Atlanta<\/h3>\n<p>In <a href=\"https:\/\/www.redfin.com\/city\/11458\/FL\/Miami\">Miami<\/a>, nearly a quarter (23.8%) of homes that sold in the first quarter were purchased by investors\u2014the highest share of the 41 U.S. metropolitan areas we analyzed. Next came <a href=\"https:\/\/www.redfin.com\/city\/30756\/GA\/Atlanta\">Atlanta<\/a> (22.2%), <a href=\"https:\/\/www.redfin.com\/city\/8907\/FL\/Jacksonville\">Jacksonville, FL<\/a> (22.1%), <a href=\"https:\/\/www.redfin.com\/city\/3105\/NC\/Charlotte\">Charlotte, NC<\/a> (21.5%), <a href=\"https:\/\/www.redfin.com\/city\/10201\/NV\/Las-Vegas\">Las Vegas<\/a> (19.7%) and <a href=\"https:\/\/www.redfin.com\/city\/14240\/AZ\/Phoenix\">Phoenix<\/a> (19.7%).<\/p>\n<p>In recent years, investors and individual homebuyers alike have <a href=\"https:\/\/www.redfin.com\/news\/q1-2021-housing-migration-trends-budget\/\" target=\"_blank\" rel=\"noopener\">crowded<\/a> into mid-sized cities that are more affordable than major hubs like <a href=\"https:\/\/www.redfin.com\/city\/17151\/CA\/San-Francisco\">San Francisco<\/a> and <a href=\"https:\/\/www.redfin.com\/city\/30749\/NY\/New-York\">New York<\/a>. This trend has been accelerated by the pandemic, with so many Americans suddenly able to work from anywhere. These markets have become increasingly competitive for buyers.<\/p>\n<p>In <a href=\"https:\/\/www.redfin.com\/city\/3105\/NC\/Charlotte\">Charlotte<\/a>, for example, 53.5% of homes sell for more than their list prices, up from just 16.2% in 2015. Over that same time span, investor market share (the portion of all homes being bought by investors) increased to 21.5% from 12.9%. Investors likely started growing their footprints in mid-sized cities because they noticed those areas were heating up, which then made those markets even more <a href=\"https:\/\/www.wsj.com\/articles\/if-you-sell-a-house-these-days-the-buyer-might-be-a-pension-fund-11617544801\" target=\"_blank\" rel=\"noopener\">competitive<\/a>. Homebuyers in places like <a href=\"https:\/\/www.redfin.com\/city\/3105\/NC\/Charlotte\">Charlotte<\/a> may find themselves going head to head with investors in bidding wars, and it can be tough to compete. After all, nearly three-quarters (74.2%) of investor home purchases were paid for with all cash in the first quarter, up from 69.7% a year earlier and the highest level since 2018.<\/p>\n<p>While investors can be formidable competitors, individual homebuyers in <a href=\"https:\/\/www.redfin.com\/city\/30756\/GA\/Atlanta\">Atlanta<\/a> are still finding ways to win, according to local Redfin real estate agent <a href=\"https:\/\/www.redfin.com\/real-estate-agents\/ronisha-carson\" target=\"_blank\" rel=\"noopener\">Ronisha Carson<\/a>.<\/p>\n<p>\u201cThe buyers in today\u2019s market understand what they need to do to close the deal,\u201d Carson said. \u201cThey know that they will most likely compete in a bidding war, so they\u2019re offering over the asking price, waiving the appraisal contingency and paying in cash if they can in order to compete with cash investors.\u201d<\/p>\n<p>In <a href=\"https:\/\/www.redfin.com\/city\/15272\/RI\/Providence\">Providence, RI<\/a>, just 5.6% of homes that sold in the first quarter were bought by investors\u2014a lower share than any other metro in this analysis. It was followed by <a href=\"https:\/\/www.redfin.com\/county\/2406\/PA\/Montgomery-County\">Montgomery County, PA<\/a> (7.7%), <a href=\"https:\/\/www.redfin.com\/city\/20734\/MI\/Warren\">Warren, MI<\/a> (8%), <a href=\"https:\/\/www.redfin.com\/city\/13201\/NJ\/New-Brunswick\">New Brunswick, NJ<\/a> (8.1%), <a href=\"https:\/\/www.redfin.com\/city\/15702\/PA\/Pittsburgh\">Pittsburgh<\/a> (8.2%) and <a href=\"https:\/\/www.redfin.com\/city\/12839\/DC\/Washington-DC\">Washington, D.C.<\/a> (8.3%).<\/p>\n<h3><a href=\"https:\/\/www.redfin.com\/city\/17420\/CA\/San-Jose\">San Jose<\/a>, <a href=\"https:\/\/www.redfin.com\/city\/5665\/MI\/Detroit\">Detroit<\/a> See Biggest Growth in Investor Home Purchases<\/h3>\n<p>In <a href=\"https:\/\/www.redfin.com\/city\/17420\/CA\/San-Jose\">San Jose, CA<\/a>, investor home purchases rose 44% year over year in the first quarter\u2014a bigger jump than any other metro we analyzed. Next came <a href=\"https:\/\/www.redfin.com\/city\/5665\/MI\/Detroit\">Detroit<\/a> (up 33.8%), <a href=\"https:\/\/www.redfin.com\/city\/29470\/IL\/Chicago\">Chicago<\/a> (up 27.2%), <a href=\"https:\/\/www.redfin.com\/city\/15935\/CA\/Riverside\">Riverside, CA<\/a> (up 24.5%), <a href=\"https:\/\/www.redfin.com\/city\/13654\/CA\/Oakland\">Oakland, CA<\/a> (up 24.4%) and <a href=\"https:\/\/www.redfin.com\/city\/16163\/WA\/Seattle\">Seattle<\/a> (up 23.3%).<\/p>\n<p>Investor purchases fell the most in <a href=\"https:\/\/www.redfin.com\/city\/15702\/PA\/Pittsburgh\">Pittsburgh<\/a>, sinking 75.7% year over year. The second-biggest drop was in <a href=\"https:\/\/www.redfin.com\/city\/4145\/OH\/Cleveland\">Cleveland<\/a> (down 44%), followed by <a href=\"https:\/\/www.redfin.com\/city\/15502\/PA\/Philadelphia\">Philadelphia<\/a> (down 29.9%), <a href=\"https:\/\/www.redfin.com\/city\/30749\/NY\/New-York\">New York<\/a> (down 28.7%), <a href=\"https:\/\/www.redfin.com\/city\/19373\/FL\/West-Palm-Beach\">West Palm Beach, FL<\/a> (down 24.6%) and <a href=\"https:\/\/www.redfin.com\/county\/1974\/NY\/Nassau-County\">Nassau County, NY<\/a> (down 22.1%).<\/p>\n<h3>Metro-Level Summary, First Quarter 2021<\/h3>\n\n<table id=\"tablepress-263\" class=\"tablepress tablepress-id-263\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><b>U.S. Metro Area<\/b><\/th><th class=\"column-2\"><b>Share of Homes Bought By Investors<\/b><\/th><th class=\"column-3\"><b>Year-Over-Year Change in Number of Investor Home Purchases<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/517\/CA\/Anaheim\">Anaheim, CA<\/a><\/td><td class=\"column-2\">16.8%<\/td><td class=\"column-3\">22.2%<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/30756\/GA\/Atlanta\">Atlanta, GA<\/a><\/td><td class=\"column-2\">22.2%<\/td><td class=\"column-3\">3.5%<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/1073\/MD\/Baltimore\">Baltimore, MD<\/a><\/td><td class=\"column-2\">11.1%<\/td><td class=\"column-3\">-3.3%<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/3105\/NC\/Charlotte\">Charlotte, NC<\/a><\/td><td class=\"column-2\">21.5%<\/td><td class=\"column-3\">-0.2%<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/29470\/IL\/Chicago\">Chicago, IL<\/a><\/td><td class=\"column-2\">10.7%<\/td><td class=\"column-3\">27.2%<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/3879\/OH\/Cincinnati\">Cincinnati, OH<\/a><\/td><td class=\"column-2\">14.7%<\/td><td class=\"column-3\">-14.7%<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/4145\/OH\/Cleveland\">Cleveland, OH<\/a><\/td><td class=\"column-2\">18.9%<\/td><td class=\"column-3\">-44.0%<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/4664\/OH\/Columbus\">Columbus, OH<\/a><\/td><td class=\"column-2\">14.6%<\/td><td class=\"column-3\">9.7%<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/5155\/CO\/Denver\">Denver, CO<\/a><\/td><td class=\"column-2\">14.2%<\/td><td class=\"column-3\">16.8%<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/5665\/MI\/Detroit\">Detroit, MI<\/a><\/td><td class=\"column-2\">16.2%<\/td><td class=\"column-3\">33.8%<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/6173\/FL\/Fort-Lauderdale\">Fort Lauderdale, FL<\/a><\/td><td class=\"column-2\">14.3%<\/td><td class=\"column-3\">5.6%<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/8907\/FL\/Jacksonville\">Jacksonville, FL<\/a><\/td><td class=\"column-2\">22.1%<\/td><td class=\"column-3\">17.1%<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/10201\/NV\/Las-Vegas\">Las Vegas, NV<\/a><\/td><td class=\"column-2\">19.7%<\/td><td class=\"column-3\">21.4%<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/11203\/CA\/Los-Angeles\">Los Angeles, CA<\/a><\/td><td class=\"column-2\">16.2%<\/td><td class=\"column-3\">8.7%<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/11458\/FL\/Miami\">Miami, FL<\/a><\/td><td class=\"column-2\">23.8%<\/td><td class=\"column-3\">6.7%<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/35759\/WI\/Milwaukee\">Milwaukee, WI<\/a><\/td><td class=\"column-2\">13.2%<\/td><td class=\"column-3\">5.4%<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/10943\/MN\/Minneapolis\">Minneapolis, MN<\/a><\/td><td class=\"column-2\">9.3%<\/td><td class=\"column-3\">-1.6%<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/county\/2406\/PA\/Montgomery-County\">Montgomery County, PA<\/a><\/td><td class=\"column-2\">7.7%<\/td><td class=\"column-3\">1.2%<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/13415\/TN\/Nashville\">Nashville, TN<\/a><\/td><td class=\"column-2\">15.5%<\/td><td class=\"column-3\">-9.0%<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/county\/1974\/NY\/Nassau-County\">Nassau County, NY<\/a><\/td><td class=\"column-2\">10.0%<\/td><td class=\"column-3\">-22.1%<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/13201\/NJ\/New-Brunswick\">New Brunswick, NJ<\/a><\/td><td class=\"column-2\">8.1%<\/td><td class=\"column-3\">-9.1%<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/30749\/NY\/New-York\">New York, NY<\/a><\/td><td class=\"column-2\">11.7%<\/td><td class=\"column-3\">-28.7%<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/13136\/NJ\/Newark\">Newark, NJ<\/a><\/td><td class=\"column-2\">9.3%<\/td><td class=\"column-3\">-15.6%<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/13654\/CA\/Oakland\">Oakland, CA<\/a><\/td><td class=\"column-2\">11.3%<\/td><td class=\"column-3\">24.4%<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/13655\/FL\/Orlando\">Orlando, FL<\/a><\/td><td class=\"column-2\">17.7%<\/td><td class=\"column-3\">-4.5%<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/15502\/PA\/Philadelphia\">Philadelphia, PA<\/a><\/td><td class=\"column-2\">18.1%<\/td><td class=\"column-3\">-29.9%<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/14240\/AZ\/Phoenix\">Phoenix, AZ<\/a><\/td><td class=\"column-2\">19.7%<\/td><td class=\"column-3\">9.0%<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/15702\/PA\/Pittsburgh\">Pittsburgh, PA<\/a><\/td><td class=\"column-2\">8.2%<\/td><td class=\"column-3\">-75.7%<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/30772\/OR\/Portland\">Portland, OR<\/a><\/td><td class=\"column-2\">10.1%<\/td><td class=\"column-3\">-0.5%<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/15272\/RI\/Providence\">Providence, RI<\/a><\/td><td class=\"column-2\">5.6%<\/td><td class=\"column-3\">-10.5%<\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/15935\/CA\/Riverside\">Riverside, CA<\/a><\/td><td class=\"column-2\">14.7%<\/td><td class=\"column-3\">24.5%<\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/16409\/CA\/Sacramento\">Sacramento, CA<\/a><\/td><td class=\"column-2\">14.4%<\/td><td class=\"column-3\">19.2%<\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/16904\/CA\/San-Diego\">San Diego, CA<\/a><\/td><td class=\"column-2\">16.9%<\/td><td class=\"column-3\">7.4%<\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/17151\/CA\/San-Francisco\">San Francisco, CA<\/a><\/td><td class=\"column-2\">17.9%<\/td><td class=\"column-3\">-4.8%<\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/17420\/CA\/San-Jose\">San Jose, CA<\/a><\/td><td class=\"column-2\">12.8%<\/td><td class=\"column-3\">44.0%<\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/16163\/WA\/Seattle\">Seattle, WA<\/a><\/td><td class=\"column-2\">10.3%<\/td><td class=\"column-3\">23.3%<\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/18142\/FL\/Tampa\">Tampa, FL<\/a><\/td><td class=\"column-2\">17.7%<\/td><td class=\"column-3\">16.1%<\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/20418\/VA\/Virginia-Beach\">Virginia Beach, VA<\/a><\/td><td class=\"column-2\">9.0%<\/td><td class=\"column-3\">2.6%<\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/20734\/MI\/Warren\">Warren, MI<\/a><\/td><td class=\"column-2\">8.0%<\/td><td class=\"column-3\">-12.3%<\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/12839\/DC\/Washington-DC\">Washington, D.C.<\/a><\/td><td class=\"column-2\">8.3%<\/td><td class=\"column-3\">-9.4%<\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.redfin.com\/city\/19373\/FL\/West-Palm-Beach\">West Palm Beach, FL<\/a><\/td><td class=\"column-2\">13.3%<\/td><td class=\"column-3\">-24.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-263 from cache -->\n<hr \/>\n<h3>Methodology<\/h3>\n<p>For this analysis, we looked at county sale records for homes purchased from January 2000 through March 2021. We define an investor as any buyer whose name includes at least one of the following keywords: LLC, Inc, Trust, Corp, Homes. We also define an investor as any buyer whose ownership code on a purchasing deed includes at least one of the following keywords: association, corporate trustee, company, joint venture, corporate trust. This data may include purchases made through family trusts for personal use.<\/p>\n<p>We analyzed home sales in the 50 most populous metro areas, but only included 41 metros in this report due to non-disclosure of sale prices in several counties.<\/p>\n<p>For the price-tier analysis, we looked at all home sales in a given year and sorted each sale into one of three buckets: low-priced, mid-priced or high-priced. Low-priced means a home\u2019s sale price was in the bottom tercile of local sale prices, while mid-priced means it was in the middle tercile and high-priced means it was in the top tercile.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Institutions are wading back into the U.S. homebuying market after pressing pause at the start of the pandemic Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy Investors have the highest market share in mid-sized cities including Miami, Charlotte, Las Vegas and Phoenix\u2014places that have [&hellip;]<\/p>\n","protected":false},"author":13346,"featured_media":72568,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[60,8,582],"tags":[9,73,14,88],"coauthors":[125],"class_list":["post-72556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coronavirus-housing-market-news","category-housing-market-news","category-investors","tag-coronavirus","tag-finance","tag-industry","tag-renting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Investor Home Purchases Rise for First Time in a Year as Economy Rebounds<\/title>\n<meta name=\"description\" content=\"Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back\" \/>\n<meta property=\"og:description\" content=\"Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-19T14:00:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-06T22:32:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1302\" \/>\n\t<meta property=\"og:image:height\" content=\"899\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lily Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back\",\"datePublished\":\"2021-05-19T14:00:10+00:00\",\"dateModified\":\"2022-04-06T22:32:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/\"},\"wordCount\":1398,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/investor-chart-2-3.png\",\"keywords\":[\"Coronavirus\",\"Finance\",\"Industry\",\"renting\"],\"articleSection\":[\"Coronavirus Housing Market News\",\"Housing Market News\",\"Investors\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/\",\"name\":\"Investor Home Purchases Rise for First Time in a Year as Economy Rebounds\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/investor-chart-2-3.png\",\"datePublished\":\"2021-05-19T14:00:10+00:00\",\"dateModified\":\"2022-04-06T22:32:03+00:00\",\"description\":\"Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/investor-chart-2-3.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/investor-chart-2-3.png\",\"width\":1302,\"height\":899},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/investor-home-purchases-q1-2021\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lily-katzredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Investor Home Purchases Rise for First Time in a Year as Economy Rebounds","description":"Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/","og_locale":"en_US","og_type":"article","og_title":"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back","og_description":"Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy.","og_url":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2021-05-19T14:00:10+00:00","article_modified_time":"2022-04-06T22:32:03+00:00","og_image":[{"width":1302,"height":899,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-3.png","type":"image\/png"}],"author":"Lily Katz","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back","datePublished":"2021-05-19T14:00:10+00:00","dateModified":"2022-04-06T22:32:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/"},"wordCount":1398,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-3.png","keywords":["Coronavirus","Finance","Industry","renting"],"articleSection":["Coronavirus Housing Market News","Housing Market News","Investors"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/","url":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/","name":"Investor Home Purchases Rise for First Time in a Year as Economy Rebounds","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-3.png","datePublished":"2021-05-19T14:00:10+00:00","dateModified":"2022-04-06T22:32:03+00:00","description":"Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-3.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/05\/investor-chart-2-3.png","width":1302,"height":899},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/investor-home-purchases-q1-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/72556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=72556"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/72556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/72568"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=72556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=72556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=72556"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=72556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}