Wall Street is buying up homes across the country. That’s not news — but investors are continuing to gain market share amid an extremely competitive national housing market. The Business Journals analyzed data from Seattle-based Redfin Corp. (NASDAQ: RDFN), which tracked how many homes investors bought in 40 major metropolitan areas across the U.S. in the third quarter. Investors had a record quarter, buying 90,215 homes worth a combined $63.6 billion.
Investors bought $405M in homes in Greater Baltimore in Q3. Here’s how that stacks up nationally.
November 30, 2021