1024 ET - U.S. real-estate investors bought 47,004 homes in 4Q, the lowest for that period since 2016, down 3.9% from last year, Redfin says. High home prices, elevated mortgage rates, and a slowing market deter purchases, reflecting trends in overall home sales, which hit a record low in January. Tepid demand, slowing price growth, and rising inventory are making flipping less profitable, while plateauing rents reduce rental investment appeal. Economic uncertainty--recession fears, and worries about inflation, tariffs, and jobs--are pushing some people toward safer assets, like bonds. High interest rates are also keeping borrowing costly, impacting investors despite about 65% paying cash, as they often rely on loans for flipping costs. Redfin agents note that in some parts of the country investors are quiet because they're not seeing the rate of return that they were two or three years ago. (chris.wack@wsj.com)
(END) Dow Jones Newswires
March 05, 2025 10:24 ET (15:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。