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Institutional Investors Bought Nearly One in Five Homes in Q4 2021
In this episode, Beau talks about the emergence of the institutional investor in the real estate market. Now more than ever, large institutional investors are picking up the very limited supply of homes in the US.
The share of institutional investors picking up homes around the country hit a record high in the fourth quarter of 2021, with nearly one in five houses being scooped up by large owners, according to data from Redfin.
Institutional investors bought 18.4 percent of all homes sold in the fourth quarter, an increase from the 12.6 percent they picked up during the same time last year and 17.4 percent in the third quarter of 2021, according to Redfin. That’s the largest share since Redfin started keeping track in 2000.