Investors Purchased 33% of Single-Family Homes In Q2, Report Finds

Core Insights - Real estate investors accounted for 33% of all single-family home purchases in Q2 2025, marking the highest percentage in five years, up from 27% in Q1 2025 [1] - Despite the increase in percentage, the actual number of homes purchased by investors in Q2 2025 was 16,000 fewer than the same period last year [2] - The overall investor ownership of single-family homes in the U.S. stands at approximately 20% of the 86 million homes [1] Investor Composition - Small investors, defined as those owning between one and five properties, dominate the market, holding 87% of investor-owned single-family homes [3] - Large investors, defined as those owning 1,000 or more properties, only account for 2% of all investor-owned homes and have been selling more homes than they acquire for six consecutive quarters [4] Geographic Distribution - Texas leads with 1.46 million investor-owned properties, followed by California with 1.33 million and Florida with 1.1 million [4] - States experiencing population booms, such as Hawaii and Alaska, have seen significant investor ownership, with 26% and 27% of single-family homes owned by investors, respectively [5] - Other states like Idaho, Vermont, and Wyoming are gradually increasing their number of investor-owned homes due to resident migration [6]