A row of houses on a street.
Investors bought more than a quarter of the affordable homes in the US last quarter, Redfin said.
  • US property investors snapped up 26.1% of low-priced homes in the fourth quarter, a record share.
  • Affordably priced homes are scarce in the US, as inventory remains low in much of the country. 
  • Single-family homes accounted for more than two-thirds of investors' purchases in Q4, at 68.6%.

A lot of people want a cheaper home, but they're hard to come by in this market. 

Homebuyers looking for an affordable house or a so-called starter home might be crowded out a bit by investors who are also on the hunt.