Friday, March 1, 2024 |
FOLLOW US:

Investors bought $405M in homes in Greater Baltimore in Q3. Here’s how that stacks up nationally.

November 30, 2021

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.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.