Report: Texas leads the nation with nearly a third of homes sold to investors
The National Association of Realtors found institutional investors bought 52% of homes in Tarrant County and 43% of homes in Dallas County in 2021
The NAR report found North Texas was a focus for investors. 52% of homes bought in Tarrant County and 43% of homes in Dallas County went to institutional investors. The other targeted counties were Johnson County (48%), Rockwall County (45%), Denton County (39%) and Kaufman County (38%).
Ugh. To be turned into rentals, no doubt :-(
The most dangerous thing happening in America today is the full weaponization of the administrative state against the enemies of the Democratic Party. Nothing else comes close.
Break the FBI into a thousand pieces and scatter it to the winds. https://t.co/8HW0dQU7Pi— Jesse Kelly (@JesseKellyDC) June 9, 2022
That’s not helping the housing market. Guess it helps further the “you will own nothing and be happy about it” plan.