5 US cities where real estate investors are losing money on 1 in 7 homes sold.
TL;DR Summary
Real estate investors in the US are losing money on roughly one in seven homes they sell, with the highest rate of losses since 2016. The hardest-hit markets are those that saw the largest surges in house prices during the pandemic, with Phoenix, Arizona, topping the list with 30.7% of homes sold by investors losing money. High mortgage rates have eaten into investor profits and slowed homebuying demand, pushing down sale prices. However, many housing investors continue to make gains from buying and selling homes, and there are other ways to invest in real estate, such as prime commercial real estate or real estate investment trusts.
Topics:business#home-sales#housing-market#investment-options#losses#real-estate#real-estate-investors
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