Cleveland nonprofit fights to halt investor homebuying wave
Investors were responsible for 43% of 2024 home purchases in some of Ohio’s and Pennsylvania’s lowest-income neighborhoods.
Institutional investors
Auto Added by WPeMatico
Investor home purchases hit lowest second-quarter level since 2020
The decline comes as investors face the same pressures as individual buyers; high borrowing costs, elevated prices and economic uncertainty.
Investor housing market share dips but remains elevated
Investor activity remains well below the peak seen in 2022, but investor share has increased as owner-occupied transactions have slowed.
Greystone’s $103M affordable housing fund to support rental units in six states
The fund will support a total of 11 developments in Louisiana, Massachusetts, Mississippi, New Jersey, Ohio and Pennsylvania.
Investor purchases are sinking with the housing market at large
According to data from CoreLogic, investor purchases have tracked closely with consumer home sales, and the share of home sales attributable to investors is down as well.