Investors are buying up a record share of US homes
CNN
Home prices in the United States increased at the fastest rate on record in 2021. That's drawn in a flood of investors looking to cash in on the boom.
What's happening: Investors bought 18.4% of homes sold across the country during the last three months of the year, according to Redfin. That's an all-time high on records dating back to 2000.
The brokerage tracked purchases from private equity firms, foreign investors, trusts, mom-and pop-investors and "i"-buyers — or companies that use algorithms to spot deals and quickly flip homes.
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