Redfin reports: Investors Selling at a LOSS |
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5 cities where real estate investors just lost the most amount of money:
• Phoenix • Las Vegas • Jacksonville • Sacramento • Charlotte The ones facing the biggest blows are the big Wall Street home flippers... Like Opendoor who just had to carry out mass layoffs due to the severity of their losses. It’s highly probable that this trend of investor losses will persist as interest rates remain high, and the recession worsens in 2023. --- REVENTURE APP: https://www.beta.reventure.app/dashboard #phoenix #lasvegas #jacksonville #sacramento #charlotte #reventureconsulting #realestateinvesting #homebuyingtips |