Investors Bought 80,000 Homes In Q4 2021

Real estate investors bought 80,293 properties in Q4 2021, a record 18.4% of homes sold. Redfin reported that investor purchases were up from 43.9% YOY, though they fell 9.1% from Q3’s peak, likely due to stock shortages that impacted regular homebuyers and investors alike. Seasonality also contributed to the quarter-to-quarter drop, as the housing market typically slows in the winter. More than three-quarters of homes bought by investors (75.3%) were all-cash purchases. Atlanta saw the most investor activity in Q4 at 32.7% of market share, followed by Charlotte (32.1%), Jacksonville (29.8%), Las Vegas (29.2%), and Phoenix (28.4%). These are all popular destinations for moving Americans and have seen high demand during the Great Migration. “While record-high home prices are problematic…