Why Mom-and-Pop Investors Are Suddenly Snapping Up These Surprising Markets—And What It Means for You
Smaller Investors Move Quickly, While Larger Investors Pull Back
By smaller investors, Cotality refers to landlords with fewer than 100 doors. Unlike Wall Street corporations buying up vast swathes of homes or homebuyers worried about down payments and monthly expenses, smaller landlords can move quickly to close deals.
Part of the issue with larger investors has not only been concern about surging costs amid stubborn interest rates, but local and federal regulators making bulk buying of single-family homes more difficult. Conversely, according to Parcl Labs, large corporate investors like Invitation Homes, Progress Residential, and Amherst Residential are releasing rather than acquiring homes in major U.S. cities such as Atlanta, Dallas, Phoenix, Houston, and Charlotte.
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