Housing Watch: What new study shows about investor ownership

FRESNO, Calif. (KFSN) -- A caller study from BatchData shows that astir 18% of homes successful the US are owned by investors.

Rick Sharga of the CJ Patrick Company says helium wasn't amazed to spot the fig a small little successful California, astatine 17%.

"I've ne'er truly believed the Internet meme astir Wall Street gobbling up Main Street, and that was portion of my information for moving with BatchData to make this report," helium said.

The study shows investors ain 18% of each single-family homes successful Fresno County and 23% of Tulare County homes are investor-owned, with Merced County a spot higher astatine 25%.

"Over 90% of each single-family homes owned by investors are owned by mom-and-pop investorsm," Sharga said. "These are radical that ain 1 to 5 properties, possibly 6 to 10 if they're if they're bigger there."

As we determination to the foothill and upland portion of Mariposa County, 42% of homes determination are owned by investors.

"Where we person a sparsely populated region that relies precise heavy connected tourism, we spot a batch of the properties successful those markets. Sometimes, a bulk of the properties successful those markets are abrogation homes," Sharga said.

Sharga says existent property investors mightiness usage this information to gauge opportunity, portion buyers tin get a consciousness of what they're up against successful a peculiar market.

For quality updates, travel Dale Yurong connected Facebook and Twitter.