There is a trend we have seen, and others have seen. Home buyers are competing more and more with real estate investors. That’s because many times the end goals are the same. Buy a home, fix it up, and occupy it. For home buyers, the occupancy might be themselves. For investors, it might be tenants. But either way, restoring homes and communities is the end goal, and having a comfortable place to live.
As investors increasingly buy up starter homes, they are reshaping the real estate market around the country, and driving up prices for everyone else.Source: Want a House Like This? Prepare for a Bidding War With Investors – The New York Times