IRVINE, Calif. – Feb. 23, 2017 – Who is buying homes? A study by ATTOM and Clear Capital, "Landlord Land," analyzes the "who." It's a deeper look at the recent real estate boom that has seen home prices flirt with all-time highs even as the national homeownership rate remains near its 50-year low.
"Though prices in several markets are nearing pre-bust levels, the composition of both the supply and demand of today's real estate market is starkly different than a decade ago," says Alex Villacorta, Ph.D., vice president of research and analytics at Clear Capital.
Unlike earlier housing recoveries, investors are a higher percentage of today's buyers. A Read More