Housing Market UPDATE Investor Purchases Taking a Nosedive

Investor home purchases fell 30.2% year-over-year in the third quarter (3Q) – the largest decline since the Great Recession aside from 2Q 2020 when the nation faced lockdowns due to the COVID-19 pandemic, according to a report from Redfin. Overall, total home purchases dropped 27.4% in 3Q.

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Articles Mentioned in the Video

https://www.floridarealtors.org/news-media/news-articles/2022/11/investor-home-purchases-drop-30-3q
https://therealdeal.com/miami/2022/11/21/residential-sales-fall-30-across-south-florida/?tpcc=elert-sf&utm_source=Sailthru&utm_medium=email&utm_campaign=SF%20Daily%20%7C%2011.22.1022&utm_term=South%20Florida%20Daily
https://apple.news/AZM3DRXJHTWuEPwh5OObTow
https://apple.news/AbHkNcFrCSbSEb3mhyIxE_w

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