“Investor home purchases are falling for the same reason overall home purchases are falling: surging interest rates and high housing prices have made it more expensive to get a mortgage and buy a home. While roughly three-quarters of investor purchases are made with cash, investors are still impacted by interest rates because they often take out loans to get that cash.” --Sheharyar Bokhari, Senior Economist with Redfin.

CommercialEdge, Santa Barbara, Calif., said the office sector’s future remains murky, even more than two years after the COVID-19 pandemic started.

Redfin, Seattle, reported single-family rental real estate investors purchased fewer houses in the first quarter than in prior quarters.