(Getty; Illustration by Kevin Rebong for The Real Deal)
Investors took a hard pivot away from home purchases in the third quarter, as rising borrowing costs appeared to reverse the sector's record activity in a matter of months.Investor home purchases dropped 30.2 percent year-over-year last quarte r, according to Redfin data.
Investors took a hard pivot away from home purchases in the third quarter, as rising borrowing costs appeared to reverse the sector's record activity in a matter of months.Investor home purchases dropped 30.2 percent year-over-year last quarte r, according to Redfin data.
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