
"In Sierra County, 82% of single-family houses are owned by investors, translating to 1,308 out of 1,588 total houses being investor-owned."
"The analysis reveals that California's statewide investor ownership stands at 1.45 million houses, representing just 19% of the 7.6 million houses statewide."
"Among the 20 most populous counties, San Bernardino leads with 27% of houses owned by investors, while Tulare follows with 25%."
"Investor-dominated counties in California are primarily lightly populated areas in northern parts of the state, often associated with recreation and tourism."
Investors dominate the housing market in seven lightly populated California counties, owning more than 50% of houses. Sierra County leads with 82% investor ownership. Other counties include Trinity, Mono, Alpine, Plumas, Modoc, and Calaveras, with varying investor ownership rates. Statewide, investors hold 1.45 million houses, which is 19% of the total housing units. San Bernardino has the highest percentage of investor ownership among populous counties at 27%, followed by Tulare and Sonoma, indicating a regional trend in investor activity. These areas are often linked to recreational use and tourism.
Read at The Mercury News
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