"This house behind me in this video is behind sold by a Blackstone-owned company called Home Partners of America. They bought it in August 2022 for $380,000 and now they have it listed for $370,000 -- at a $10,000 loss.
Other Wall Street investors are also now selling homes on the US Housing Market, including First Key, Progress Residential, and AmericanHomes4Rent. The reason these investors are selling is because the local rental market is softening and because inventory is exploding."
https://archive.is/HUeqx
"This house behind me in this video is behind sold by a Blackstone-owned company called Home Partners of America. They bought it in August 2022 for $380,000 and now they have it listed for $370,000 -- at a $10,000 loss.
Other Wall Street investors are also now selling homes on the US Housing Market, including First Key, Progress Residential, and AmericanHomes4Rent. The reason these investors are selling is because the local rental market is softening and because inventory is exploding."