Real estate investors have stopped buying homes and are now selling, according to a new report from Newsweek, which interviewed Reventure App CEO Nick Gerli. The report discussed how investor real estate purchases fell 50% from their pandemic peak across the U.S., and 65% in metros like Atlanta.
This is now causing home prices to drop across the U.S. Housing Market, with the biggest declines in coming in markets like Florida, where there are examples of investors taking 25% losses on houses they bought only 3 years ago. --- REVENTURE APP: https://www.reventure.app
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