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Investor Purchases of Condos Fall to Lowest Level in 10 Years - Real Estate Investing Today
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Investor Purchases of Condos Fall to Lowest Level in 10 Years - Real Estate Investing Today
A recent report from Redin says investor purchases of condos fell 3% year over year to the lowest level in 10 years, driven largely by investors retreating from Florida. They say fewer condos are being bought because the condo market is slowing faster than the overall housing market, with buyers concerned condos will lose value. Redfin says nearly seven in 10 (68%) U.S. condos sold below list price at the start of 2025 – the lowest share in fi…
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