Quick to enter the market, institutional investors are now abandoning single-family home rentals
As housing prices fall across the country, institutional investors who had purchased properties during a pandemic-induced increase in rental rates are now unloading their properties. Nationally, profit margins on sales of median-priced single-family homes and condos in the United States fell from 57.6% in the second quarter to 54.6% in the third quarter, as house …
