Five Florida cities dominate national real estate investor market | The Capitolist
The American housing market took off during the early months of the COVID-19 pandemic and home values have been climbing rapidly since. Home sale data compiled by real estate data company Zillow shows that the typical value of a mid-priced home soared by over 20% in the last year, from $284,000 in April 2021 to over $344,000 in April 2022.
Much of the surge in home sales, however, was not driven by families or first-time homebuyers, but rather by investors.
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