Redfin, Seattle, reported that the drop in home purchases by investors outpaced the second-quarter drop in overall home sales. Investor home purchases fell 45% from last year, compared with an overall market drop of 31%.
Tag: Investors

CBRE: Real Estate Investors Targeting Secondary Markets, Opportunistic Strategies
U.S. commercial real estate investors favor opportunistic strategies and show a preference for secondary markets amid concerns about higher interest rates and tighter financial market conditions, reported CBRE, Dallas.