Millennial Homeownership: Growing Concerns Amidst a Decline in Investor Interest and Rising Interest Rates
The real estate scene is experiencing a noticeable blow. Compared to the previous year, investors don’t seem as eager to buy property these days. In fact, a recent report shows that investor home purchases have plunged by 48.6% in the first quarter of 2023. This dramatic decline can be attributed to higher interest rates, dwindling rents, and…