[Durham INC] Investors are buying 1-5 homes in Durham

[bonita green]

Interesting report on WRAL Techwire. 20% of homes in Durham are purchased
by an investor.  That number is up from 11% in May-June 2020.

>From the article:

"Since the second quarter of 2020, here’s how investors are playing a role
in Durham’s real estate market, according to Redfin’s data set:

• Q2 2020: 255 homes bought by investors in Durham, 11.3% of all
transactions

• Q3 2020: 282 homes bought by investors in Durham, 10.9% of all
transactions

• Q4 2020: 305 homes bought by investors in Durham, 13.1% of all
transactions

• Q1 2021: 311 homes bought by investors in Durham, 16.0% of all
transactions

• Q2 2021: 432 homes bought by investors in Durham, 14.4% of all
transactions

• Q3 2021: 502 homes bought by investors in Durham, 17.9% of all
transactions

• Q4 2021: 497 homes bought by investors in Durham, 20.9% of all
transactions"

https://wraltechwire.com/2022/02/24/investors-are-buying-1-in-4-homes-in-raleigh-1-in-5-in-durham/

-- 
be a kind human
Bonita Green
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