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Friday, December 20, 2024

A viral claim suggesting Wall Street firms purchased 44% of American homes in 2023 has been making the rounds. However, according to a new HousingWire analysis, this narrative is far from reality. Data from Freddie Mac reveals that large institutional buyers"defined as those purchasing 100 or more homes annually"have never exceeded a 2.5% market share since 2000, even at their peak. In fact, as of Q2 2023, institutional buyers with portfolios of over 1,000 homes accounted for a mere 0.4% of the market. read more


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