11/22/2022
If you're looking to buy in 2023, keep your powder dry and be ready to act:
"But with investors’ large cash positions, and with big firms such as JPMorgan Chase & Co. planning to increase its exposure to the home-buying business, investors are poised to resume more aggressive buying when rates or home prices begin to ease."
Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs.