One big landlord dumping 10 percent of portfolio means trouble ahead. They bought high and now sell low with cuts. More corporate owners will follow if market turns. Regular buyers might get deals but watch for bigger wave.
- VineBrook now has almost 2000 homes listed for sale.
- That equals 300 million dollars and nearly 10 percent of their whole portfolio.
- Listings jumped from just 53 homes at start of year.
- They already cut prices by over 18 million dollars across those homes.
- This covers 18 states with heavy spots in Ohio Missouri Alabama and Tennessee.
