Arizona sees drop in institutional homebuyers

ByJeremy Duda and Sami Sparber | Axios

Institutional investors bought 6.9% of homes sold in Arizona in the first quarter of 2025, an 11% decrease from one year earlier, according to real estate data firm ATTOM.

Why it matters: Investors, who often compete with first-time buyers, have pulled back from the U.S. housing market in recent years.

By the numbers: In the Phoenix metro area, institutional investors bought 7.5% of houses in the first quarter of 2025, compared with 8.2% in the same stretch last year.

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