Investors drive up home prices, challenging first-time buyers
Coupled with high mortgage rates and record-high home prices, real estate investors are also making it harder for first-time buyers to compete, according to new data from real estate analytics firm Cotality. Insights authored Oct. 10 by Thom Malone, Cotality’s principal economist, found that investors routinely pay more than market value for homes. These premiums […]
Investors drive up home prices, challenging first-time buyers Read More »