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Investor purchases of single-family homes increased last month. According to a new Redfin report shows investors captured more of the single-family market in the first quarter than they did a year earlier. And it was the first time for this kind of activity since mid-2022. \xa0 I\u2019m Kathy Fettke and this is Real Estate News for Investors. If you\u2019d like to increase your share of the real estate market, join me on our upcoming real estate tour on June 8th in San Antonio. We'll have a meet and greet the night before somewhere very cool and then tour properties, including brand new duplexes and quads that come with a 4.25% interest rate. Yes you heard me right. RealWealth has negotiated a deal with the builder to buy down rates, so check it out at newsforinvestors.com. You\u2019ll find our upcoming webinars and property tours under the\xa0 \u201cConnect\u201d tab.\xa0 \xa0 And you won't be alone. As the Redfin report shows, investors are scooping up as many residential properties as they can. Redfin says that investors bought about 44,000 homes in the first quarter or 18.7% of all the homes purchased in the US. That\u2019s up from 17.9% the year before, and represents a .5% increase.\xa0 \xa0 The numbers represent all homes including single-family homes, townhomes, condos and multifamilies, but Redfin says the surge was mostly driven by investors buying single-family homes. Redfin says that single-family homes accounted for 69.9% of all the residential properties bought by investors. The analysis included a look at 39 of the largest US metros by both large and small investors... \xa0 ...You\u2019ll find a link to the Redfin report in the show notes at newsforinvestors.com. \xa0 Don\u2019t forget to subscribe to the podcast! \xa0 Thanks for joining me for Real Estate News for Investors. Kathy \xa0 Links: \xa0 1 - https://www.businesswire.com/news/home/20240515822104/en/Redfin-Reports-Investor-Home-Purchases-Rise-for-the-First-Time-in-Nearly-Two-Years \xa0 2 - https://www.redfin.com/news/investor-home-purchases-q1-2024/