- 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.