Patrick Clark

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Investors Bought Record Share Of Homes As Mortgage Costs Climbed

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Landlords and home flippers proved less sensitive to rising costs than ordinary buyers.

Wall Street Is Using Tech Firms Like Zillow To Eat Up Starter Homes

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Two out of 10 homes flipped by the iBuyers last year wound up with investors and other entities.

Zillow Agrees To Sell 2,000 Homes As Flipping Business Ends

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Zillow has approximately 18,000 homes to sell in total.

Zillow Shuts Home-Flipping Business After Racking Up Losses

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Zillow decided its pricing algorithms weren't accurate enough to build a stable business.

Billionaire Charlie Munger's Timely Apartment Bet Began With Hebrew Bible

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A encounter with a teenager led him to an investment in California apartment complexes.

Goldman Sees 750,000 Evictions In U.S. As Bans Come To An End

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The evictions would create new rental housing inventory, partially offsetting rising housing costs, the firm said.

Property Investors Make Record Bets As U.S. Housing Flourishes

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Property investors are riding rapid home price appreciation and fast-rising rents.

U.S. Hotels Finally Surpass Pre-Covid Levels As Travel Surges

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Red-hot demand from leisure travelers boosted a key lodging industry metric higher than its 2019 figure.

Blackstone Bets $6 Billion On U.S. Suburban Home Rentals

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Blackstone's REIT just made a major acquisition in the single-family rental space.

Wall Street's Favorite Suburban Housing Bet Is Getting Crowded

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The pension manager for the Canadian Mounties is the latest investor in single-family rentals.

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