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Don't forget the "kilo" investors, who may only own a few dozen or hundreds of homes ;) Being curious about what those numbers actually look like, I found a Co
by ssalka 4y ago
Don't forget the "kilo" investors, who may only own a few dozen or hundreds of homes ;)
Being curious about what those numbers actually look like, I found a CoreLogic report[1] from earlier this year which states:
> Figure 3 shows different investor classes have maintained their shares through Q1 2022. Small investors (those who own fewer than 10 properties) were responsible for nearly half (48%) of all investor purchases during the first quarter of the year. Medium investors (those with 11 – 100 properties) purchased 31% of investor properties, large investors (those with 101 – 1,000 properties) accounted for 9% of home purchases and mega investors (those with over 1,000 properties) represented 12% of all purchases.
So it sounds like roughly half of investor purchases (not quite that) are from those owning at most 10 properties. Would be interesting to see how well these numbers extrapolate out over time; from this limited Q1 perspective it sounds like the majority of purchases are by medium/large/mega investors.
[1] https://www.corelogic.com/intelligence/single-family-investor-activity-bounces-back-in-the-first-quarter-of-2022/ https://www.corelogic.com/intelligence/single-family-investo...