The real estate market in the United States is about to see a transformation in the coming months, according to an industry expert.
Young real estate investors have increased their foothold in the market last year, according to a new report issued by RealTor.com.
RealTor.com found that young investors made 59 % of all investor home purchases last year. The real estate market said that this number represents the “highest share in the history of data” for entities that bought ten or less houses.
the The number of homes The number of young investors increased by 3.7 % on an annual basis to 361,900 in 2024, according to the report.

Meanwhile, the share of home acquisitions for investors by big investors has reached a “lower” level in 17 years, He said RealTor.com.
The entities that bought at least 50 homes were responsible for 21.7 % of all investor purchases last year, according to the report.
These cities are major areas for renting for new university graduates
They bought 132,500 homes in 2024.
In general, real estate investors make up 13 % of Home purchases Last year, approximately 0.3 percentage points above 2023, according to RealTor.com.
The real estate market attributed to “a decrease in the total house sales” and said that it indicates “an increasing presence of investors in a smaller market.”
Real estate investor purchases reached 13.3 % of homes in 2022, according to the report.

The report also found that investors are refuge For debts Often to finance real estate movements last year, with those who use cash to buy real estate that is overwhelmed by 62.3 %.
Realtor.com reported that countries such as Missouri, Aklahoma and Kondas were formed some of the largest percentage of household purchases by investors in 2024.
Real estate investors sold 10.8 % of homes that dealt throughout the United States in 2024, representing the “highest share ever” that followed more than two decades.
Are you looking to buy a house and live in these areas? It requires the highest income
“The investor is” indicating a transfer. ”
She said: “At the national level, investors got more homes on the network in 2024, when the smaller investors were an increasing majority of investor buyers.” But with the sale of the investor at a new height, the market witnessed the smallest activity of buying net investors within five years, which reduces one of The prominent opposite winds For novice buyers who often compete with investors. ”
The real estate market said that the housing market “continues to adapt to the madness of the epidemic, with improved stock levels, settlement of home prices and reduced rents.”

A row of identical houses and squares in Queens, New York. (Lindsey Nicholson/UCG/Universal Images Getty Images/Getty Images)
In May, the United States was home to more than a million active lists, an increase of 8 % over the previous month and 31.5 % over last year, Reallyor.com said earlier in the month.
The average demand for homes was 440,000 dollars in May.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/08/0/0/houses.jpg?ve=1&tl=1
Source link