{"id":15652,"date":"2019-06-21T12:06:09","date_gmt":"2019-06-21T12:06:09","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=15652"},"modified":"2019-06-21T12:06:10","modified_gmt":"2019-06-21T12:06:10","slug":"home-investors-are-swooping-in","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/home-investors-are-swooping-in\/","title":{"rendered":"Home Investors Are Swooping In"},"content":{"rendered":"

Home Investors Are Swooping In<\/h2>\n
\"Home<\/a>

Home Investors Are Swooping In<\/p><\/div>\n

Home purchasing activity among investors has reached the highest level in the past two decades, shows a new report, \u201cInvestor Home Buying,\u201d released by CoreLogic. The increase isn\u2019t from the big institutional buyers of recent years, the report says, but from more smaller investors entering in.<\/p>\n

Investors appear to be homing in on the starter home tier for their purchases, which is giving first-time home buyers more competition, CoreLogic notes.<\/p>\n

By the end of 2018, the investment rate in the U.S. housing market stood at 11.3%\u2014the highest rate in CoreLogic\u2019s records, dating back to 1999.<\/p>\n

Following the Great Recession, large institutional investors made up the bulk of investment activity. But that has shifted as more smaller investors have started stepping in.<\/p>\n

Small or \u201cmom-and-pop\u201d investors\u2014those who purchase 10 homes or fewer\u2014have grown from 48% of all investor-purchased homes in 2013 to more than 60% in 2018.<\/p>\n

Large investors\u2014those who purchased more than 101 homes\u2014nearly doubled their activity between 2000 and 2013. However, they\u2019ve pulled back since the foreclosure crisis and now comprise about 15.8% of purchases, the report shows.<\/p>\n

Medium-sized investors\u2014those who purchase between 11 and 100 homes\u2014have also gradually been decreasing their market share, falling from a peak of 30% in 2010 to 22.7% in 2018.<\/p>\n

First-time buyers may be seeing more competition from investors. The share of starter homes purchased by investors peaked at one in five homes over the last two years, at a rate of 20.3% in 2017 and 2018, the report shows.<\/p>\n

Researchers also found that larger increases in investor activity with lower tier homes over 2012 to 2018 is \u201cstrongly correlated\u201d with tightening housing market conditions in those markets where they\u2019re most present.<\/p>\n

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The markets with the highest investor activity in 2018, according to the report are:<\/p>\n