• IBuyers May Be Keeping Institutional Investors Afloat, Data Shows

    11 days ago - By RIS Media

    There's a challenge across many real estate markets, and that's a shortage of inventory. The solution for many institutional investors looking for the next venture? iBuyers-companies that buy directly from homeowners using cash reserves-are offering up fresh investment opportunities while other sources of inventory are dwindling.
    Nearly one in 10 homes sold in 2018 by two leading iBuyers-Opendoor and Offerpad-were purchased by institutional inventors that bought a minimum of 10 homes, according to a new ATTOM Data Solutions study. These 743 homes represent 9.6 percent of all sales by the...
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