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Updated over 5 years ago on . Most recent reply

User Stats

601
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Marisa R.
  • Developer
  • Atlanta and Detroit
821
Votes |
601
Posts

Investors Buying More in US Housing Market than ever before

Marisa R.
  • Developer
  • Atlanta and Detroit
Posted

For those that got on the gravy train in 2011/2012 well done, seems like there is still demand, according this this article

https://www.wsj.com/articles/i...'

extract  - Seems like its the lower end where its at

The biggest markets for investor purchases in 2018 were Detroit, followed by Philadelphia and Memphis, Tenn., where home prices are still low enough for investors to profit by renting them out. Investors bought nearly half the starter homes in Philadelphia last year and about 40% of lower-priced homes in Detroit, according to CoreLogic.

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