There are plenty of reasons why home prices sprung higher in 2021, but it appears that purchases by mega-investors – those who purchase 1,000 or more homes cannot be proven as one of them.
CoreLogic reported that June's prices reflect an 18% year-over-year appreciation.
Thomas Malone, Economist, CoreLogic, dove into the topic and found ample reasons why these mostly cash-only buyers could have boosted prices in some markets.
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