02/25/2022
Interesting article from Redfin. In NJ, 10-12% of all houses bought in the 4th qtr of 2021 were by investors with New Brunswick (10%) and Newark (12%) leading the state.
Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, a record high. Demand is stronger than ever as home prices increase, allowing investors to charge higher rents and sell flipped homes for higher prices.
