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Home sales in the “upper brackets” of the market reportedly perform better than average-priced homes. This growth can be a good sign for migrating investors. had the second-highest influx of wealthy international homebuyers last year, although it also had its lowest level of international purchases since 2009.
Housing starts plummeted to the lowest levels in 50 years in April of 2009 and the cost to build soared. Some stats: As recently as 2023, it is estimated that investors accounted for 27% of all single-family home purchases, up from the high teens in 2019. million owned by individual investors. A lost 20 years.
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