1) It's the same story on most of these listings.
The landlord attempts to rent the property over the summer.
Can't do it.
Then lists for sale. pic.twitter.com/1j5OPJSlkX
— Nick Gerli (@nickgerli1) November 13, 2023
3) If you want to do your own research on the investor selloff, it's easy:
Look on Zillow for listings that were previously on the market for rent.
Then use a website like PropWire to lookup who the owner is to see if's a Wall Street entity.
— Nick Gerli (@nickgerli1) November 13, 2023
5) Investors seem to be selling out of neighborhoods where inventory has spiked. 📈
For instance, in this neighborhood outside of Dallas, there are 538 homes for sale.
More than double the lows experienced during the pandemic. And well above long-term norms. pic.twitter.com/irOAe6gq2f
— Nick Gerli (@nickgerli1) November 13, 2023
7) What's great is that you can access inventory data for most ZIP Codes in America for free on Reventure App.
Type in your ZIP Code on the main page, then change the data point to 'For Sale Inventory'. t.co/r9Qucy38R1 pic.twitter.com/euBEGe8oEi
— Nick Gerli (@nickgerli1) November 13, 2023