Boston Real Estate Investors Association

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Existing-Home Sales Down 2% in September

September saw a 2% decline in the sales of existing homes, according to authentic data.

The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago, […]

September saw a 2% decline in the sales of existing homes, according to authentic data. Read More »

Redfin Says Investors Pulled Back, Bought 45% Fewer Homes Than One Year Ago

According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year.

A recent report from Redfin reveals that investor home purchases in Q2 2023 experienced a significant decline of 45% compared to the previous year, marking the largest drop since 2008. This decline in investor purchases surpassed the overall decline in home sales, which stood at 31%. The report also highlights that investor market share has

According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year. Read More »

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