Is Summer your favorite season? It may be if you’re a real estate investor, specifically one investing in single-family homes. Why? Well, this past summer (2021) saw a BIG surge in single-family home investments.
The surge was so large, in fact, that it more than made up for the slowdown during the pandemic.
This article gives us a great look into what exactly led to this surge, and more importantly, gives insight as to who was buying all of these houses.
According to GlobeSt.com, large investors (investors who retain more than 100 properties) were actually the smallest group of purchasers in June 2021. 20% of all investor purchases were made by large investors, which was still a jump for this demographic. For comparison, that number in 2020 was 11%, and in 2019 was 14%.
Small investors (those who retain 3-10 properties) account for 46% of the purchases, while mid-sized investors stayed in their normal range of 35% of purchases.
The question of whether or not large investors are nimble enough to navigate the Single Family Home Marketplace is still valid and only time will tell. However, if you’re looking to invest in real estate now, finding partners who are active in the right markets with the ability to find good deals is as important as ever.
Want to learn more? We’re glad to hear that … Schedule a call with us today, and let’s talk about opportunities waiting for you!