Investors: Housing Market and Starter Homes

investors: Investors commanded 11.3% of all purchases in 2018, according to Core Logic, a real estate data company responsible for the report, according to Market Watch. That's the highest level since 1999, and even dwarfs activity between 2012 and 2014, when the housing market was still mired in distress and big financial institutions with deep pockets swooped in. More homes are being bought by investors, and their purchases are concentrated among starter homes, making it even harder for first-time buyers to break in to the housing market, according to a new analysis. Read Four years, 13 million and dozens of hands How affordable housing' gets made in America For starter homes, investors account for one in five transactions, Core Logic said. Large investors' share has declined from 24.3% in 2013, the aftermath of the crisis, to 15.8% last year. What's notable about recent activity is that smaller investors, not big financial institutions, are driving the uptick. (news.financializer.com). As reported in the news.