Where Are Institutional Investors Buying up Real Estate?

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In Q1 2013 institutional investors (residential property sales to non-lending entities that purchased at least 10 properties in a calendar year) were at the peak of their game, accounting for 8.9 percent of all home sales. However, according to the latest ATTOM Data Solutions quarterly home sales report the percent of home sales to institutional investors accounted for only 1.7 percent of all single family home and condo sales in Q1 2018, down from 3.6 percent in Q4 2017 and down from 2.0 percent in Q1 2017 to the lowest level as far back as data is available, Q1 2000. Although that doesn’t mean there weren’t hot spots of real estate markets for these institutional investors. In fact, Memphis, Tennessee is still bucking the national trend with 7.0 percent of all sales going to these institutional investors, while Atlanta, Georgia increased from 3.6 percent in Q1 2017 to 5.5 percent…could Atlanta be the next Amazon headquarters? Are these institutional investors seeing trends in ATTOM Data that you want to see as well?

Take for instance the top ones listed below:

<h2>Institutional Investor Sales Share by State

  Institutional Investor Sales Share
MSA Q1 2018
Memphis, TN-MS-AR 7.0%
Birmingham-Hoover, AL 5.6%
Atlanta-Sandy Springs-Roswell, GA 5.5%
Clarksville, TN-KY 5.4%
Columbia, SC 4.7%
Dayton, OH 4.3%
Indianapolis-Carmel-Anderson, IN 4.3%
Phoenix-Mesa-Scottsdale, AZ 3.9%
Winston-Salem, NC 3.7%
Chicago-Naperville-Elgin, IL-IN-WI 3.6%

 

Want to see the full list? Want more granular data? Or Want to see if you can spot any trends and go back a decade or so?

Contact ATTOM Data and find out how!

Please contact us if you have questions about the underlying data referenced in this article, or would like to have access to that data in the form of custom reports, API or bulk files.

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