Investors buying more homes; are they fueling rising prices?
Investors buying more homes; are they fueling rising prices?
(NewsNation) — The last year has been a nightmare for many Americans trying to buy a home. Historically low mortgage rates drove up demand, further tightening an already limited supply and bidding wars became the new normal.
Those who were able to find a place often lost out to all-cash offers, leading many to wonder: Who has that kind of money? Institutional investors became a common answer.
So…