California Ranks 36th in Investor-Owned Housing, Below National Average
By
milleramp
Kettled twice. Extra chewy, extra trustworthy.
Summary
The article discusses investor activity in California's housing market, revealing that 19% of houses are owned by investors, placing the state at No. 36 nationally, just below the 20% national average. The data comes from BatchData, which analyzed property records to distinguish owner-occupied residences from investor-controlled properties, including rentals and vacation homes.
Key quotes
· 3 pulledRelatively speaking, California is not a hot spot for housing investors.
BatchData reviewed California ownership records to identify the state’s owner-occupied residences compared to houses controlled by investors.
The state ranks No. 36 for its share of investor-controlled houses, just below the 20% national norm.
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