There's a common misconception that Wall Street is buying all the homes on the market. But data proves that isn't true.
The Share of Homes Purchased by Investors Is Declining
Investors only purchased 16.8% of homes sold in Q2. That's come down from the all-time high of 20.8% just a few years ago. That's only 1 out of every 6 buyers.
And Most of Those Aren't Big Wall Street Investors
A lot of the investors are actually people like your neighbors who own a rental or a vacation home - not large institutional investors.
"Most investors are small (defined as owning less than 10 properties at the time of purchase) or medium (owning between 10 and 100). Large (100-1000 properties) and mega (1000+ properties) investors make up a very small share of total purchases." — CoreLogic
No matter what you've heard, the majority of homes are still being purchased by everyday buyers like you - not by big investors.
Sources: Redfin, CoreLogic
Some Highlights
- There's a misconception Wall Street is buying all the homes on the market. But data proves that isn't true.
- Experts agree the share of homes bought by investors is declining - and most are smaller investors, like your neighbor who owns a second home, not Wall Street.
- No matter what you've heard, the majority of homes are still being purchased by everyday homebuyers like you - not big investors. Connect with an agent if you have questions.
