Investor purchases of US homes are falling quickly and now at 2008 levels.
— The Kobeissi Letter (@KobeissiLetter) November 22, 2023
In Q3 2023, investors purchased $36 billion worth of US homes, down 30% compared to 2022.
In many large cities, investor purchases are down well over 40%.
In Atlanta and Charlotte, investor home… pic.twitter.com/BhGjFG20pC
Showing posts with label — The Kobeissi Letter (@KobeissiLetter) November 22. Show all posts
Showing posts with label — The Kobeissi Letter (@KobeissiLetter) November 22. Show all posts
Wednesday, November 22, 2023
Investor purchases of US homes are falling quickly and now at 2008 levels. In Q3 2023, investors purchased $36 billion worth of US homes, down 30% compared to 2022.
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