In a recent report by Realtor.com, it was revealed that the share of investors purchasing homes with cash has fallen to 64% in the first quarter of 2024. This decrease marks a significant shift from the previous quarters, with the lowest percentage since 2008. Here are some key takeaways from the report:

– The percentage of investors purchasing homes with cash has decreased to 64% in the first quarter of 2024, down from 69.7% in the fourth quarter of 2021.
– The majority of investors are now independent investors rather than big corporations, with small investors making up 62.6% of investor purchases in the first quarter of 2024.
– The rise of mom and pop investors in the housing market is seen as a positive development, creating less artificial demand and reducing upward pressure on prices. This trend is likely to continue as investors opt for financing over all-cash offers due to economic factors.

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