Jacksonville top in the nation for investor activity in housing market
Jacksonville's housing market had the highest share of investor activity in the nation during the second quarter, with nearly a third of all home purchases from April through June made by investors., investors bought 31.9% of homes that sold in Jacksonville in the second quarter — more than in Atlanta, where investors bought up 31.8% of homes, Las Vegas , Phoenix and Miami .
That number is down, though, from the beginning of 2022. In the first quarter of the year, 32.3% of homes in metro Jacksonville were bought by investors, according to Redfin — which made it the second largest investor market in the country, behind Atlanta. Although Jacksonville has the largest market share of investors in Q2, the total amount of money being spent is far behind that of the other top cities. Investors bought $994.5 million worth of properties on the First Coast, while investing $3.4 billion in Atlanta, $4.6 billion in Phoenix, $3.5 billion in Miami and $2 billion in Las Vegas.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House of the Dragon Gets Political and Real, Real HornyRhaenyra makes a costly decision and seals her own fate in tonight's riveting episode.
Read more »
How a nerdy golf kid turned self-reliance into real estate careerThe sport with a team of one created self-reliance that no team sport can do.
Read more »
Brian Austin Green Details the 'Real Work' of Being a Parent to Son ZaneExclusive: Brian Austin Green tells Us all about his “amazing” newborn son, Zane, and how parenthood has changed his relationship with DWTS’ Sharna Burgess.
Read more »
Housing correction coming to Alabama: See the state’s most overvalued real estate marketsIn Alabama, Moody’s finds that 7 of the 12 housing markets studied are extremely overvalued, but it could be worse.
Read more »
NVC examines the Texas Triangle through the commercial real estate lens - Dallas Business JournalInspired by “The Texas Triangle: An Emerging Power in the Global Economy,” National Valuation Consultants Inc. set out to apply the key principles of the 2021 book to the commercial real estate sector, focusing on data and trends tied to rent, vacancy and inventory levels for multifamily, industrial, retail and office.
Read more »