MIAMI REALTORS®
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Investors bought nearly 1 in 5 houses

In total, Redfin reported that investors bought 18.2 percent of all homes that sold during the third quarter of the year. That’s up from 11/2 percent during the same period last year, and represents a record high.

“In dollar terms, investors bought a record $63.6 billion worth of homes over that period, up from $35/7 billion a year earlier,” the report adds.

Source: Redfin analysis of public records
Credit: Redfin

Full Report: https://bit.ly/2021BrokeRecords

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