Institutional or large-scale investors. Perhaps you’ve heard about them or even bid against them when trying to purchase a home over the past couple of years. Regardless, their existence has impacted Central Indiana/Indianapolis home values. They have made it harder for everyone from local investors to first-time buyers looking for their new home.
Some of these large-scale investors are backed by private money and others have raised funds through IPO’s on the stock exchange. In either case, these investors have bought dozens of homes each month around Central Indiana. Some hold the properties as rentals and others rehab the properties and resell them.
The link below will take you to a story that discuses their impact and possible exit strategy from the market. Contact me if you have any questions.