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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