Investors housing purchases reach all-time high in Houston. According to a CoreLogic analysis, In 2018, 9 percent of homes sold were sold to investors.
Investors made an especially strong impact on entry-level homes. More than 16 percent of lower-priced homes were purchased by investors in 2018, according to the analysis.
The rise in investor purchases is part of a nationwide trend, with investors buying roughly 20 percent of starter homes nationwide, up from roughly 10 percent in 2000.
While investors who have purchased more than 100 properties make up a sizeable amount of investment purchases, it’s mom-and-pop investors who are gaining the most market share.
These investors buy between one and 10 properties, often in areas near where they live. And in 2018, they purchased more than 60 percent of investor homes, up from 48 percent in 2013.
As we said in February, “Nobody wants to be in a situation where they need to sell their house quickly. In any case, there are a lot of reasons why a seller can turn to an investor to purchase their home. In today’s economy, job losses, and other monetary troubles are putting tremendous pressure on property owners to sell their house quickly.”
With regards to selling your house, there are a variety of choices available. When you call a real estate investor, you can make a speedy deal without making costly improvements to your home. You’ll be giving up some money in your pocket, but you’ll move on with your life quicker.
Since our inception, we have been helping homeowners, along with improving communities in every city in which we work.
We have extensive knowledge of the business, a network of resources, and years of expertise. P2 Properties can assist homeowners with a wide variety of real estate problems. We pride ourselves on our reputation for working one-on-one with each customer to handle their situations.
With the ability to directly purchase homes and make cash offers, we can create an extremely fast and hassle-free transaction.
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