Investors bought nearly one out of four Columbus-area homes that sold during the first three months of the year, making the area one of the nation’s 10 most-popular metro areas for investors.

According to the real-estate firm Redfin, investors bought 22.8% of all homes sold in Greater Columbus during January, February and March — well above the 15.8% they purchased a year earlier and a record high for the Columbus area.

Home sellers say no to investors:‘I want a family in there’: Homeowners battle investors by refusing to sell to them

Investor activity has been so strong in the Columbus area the past few years, that some legislators have proposed limiting the number of properties they can buy.

To continue reading the rest of the article, please click on the source link below:

https://www.dispatch.com/story/business/2022/07/05/investors-buy-record-share-homes-but-make-less-money-flips/7746062001/

Comments

comments