Did You Know?

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:

Related posts

Migration To Miami Has Tripled In A Year & Now Tops U.S. Rankings

Liset Hanes

Miami Real Estate Records Best August Sales Month in History; Condo Transactions Up 70.1% Year-over-Year in August 2021

Chris Umpierre

Second home demand surged

Liset Hanes

You are now leaving Miami Realtors

The link you have selected is located on another server. The linked site contains Information that has been created, published, maintained or otherwise posted by institutions or organizations independent of this organization. We do not endorse, approve, certify, or control any linked websites, their sponsors, or any of their policies, activities, products or services. We do not assume responsibility for the accuracy, completeness, or timeliness of the information contained therein.

You will be redirected to

Click the link above to continue or CANCEL