According to a recent report from Redfin, real estate investors bought a record 18.2% of the U.S. homes purchased during Q3, 2021. This figure is up 2.1% from Q2 and up 7% from one year ago. As for numbers, in Q3 alone investors bought a record 90,215 homes – up 10.1% from Q2 and up 80.2% from one year ago. Redfin says this was the second-largest year-over-year gain on record. Continue reading HERE...
The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (
A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than