www.housingwire.com
11 months agoDataDigest: Excess inventory and the return of the Wall Street SFR players
Large single-family rental investors didn't have much of an appetite in the fourth quarter of 2022 and the first quarter of 2023.Or, rather, perhaps I should say that they didn't have much food to choose from.Purchases among the biggest SFR operators were down roughly 80% year-over-year, according to some estimates, and it wasn't because they couldn't make the rental prices work.