Investors bought a record share of U.S. homes in 2021

Re:Investors bought a record share of U.S. homes in 2021 by runako on Thursday February 17, 2022 @03:10PM (#30378018)

Would you mind sharing a link to your source? I would love to update my mental cache?

Thanks!

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Re:Investors bought a record share of U.S. homes in 2021 by adam_arthur on Thursday February 17, 2022 @03:18PM (#30378114)

I'll try to find the chart I saw on this recently.

But here's home price relative to median income, which is at a record. Then apply logic that mortgage rates are 4.1% now and likely to be 5% soon.

2000s affordability was still worse at the peak, but will shift quickly if mortgage rates continue to rise.

Anyway, will edit when I find

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Re:Investors bought a record share of U.S. homes in 2021 by runako on Thursday February 17, 2022 @04:11PM (#30378730)

Interesting, I have not seen Bankrate & Nerdwallet differ by this much before. (Bankrate is reporting rates in the range around 3.5%.)

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Re:Investors bought a record share of U.S. homes in 2021 by adam_arthur on Thursday February 17, 2022 @05:43PM (#30379714)

^ is the source most in the industry use for the current rate. It tends to be the most up to date

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Re:Investors bought a record share of U.S. homes in 2021 by runako on Thursday February 17, 2022 @10:40PM (#30381891)

Jumbos at a half point below conforming. Is that normal? They are reporting 30-year fixed jumbo below a 5/1 ARM. Is this just a dislocation?

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Re:Investors bought a record share of U.S. homes in 2021 by adam_arthur on Friday February 18, 2022 @12:14AM (#30382371)

Jumbos are usually below non jumbo conventional.

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Re:Investors bought a record share of U.S. homes in 2021 by runako on Friday February 18, 2022 @08:57AM (#30385687)

Thank you!

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