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Rainmaker
1,286,522
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

They're still here and buying up homes.  Blackstone is the largest one in my area.  Based in Santa Monica and funded by the Obama administration.  Bought up everything they could find and turned them into rentals.  Then put those rentals on the stock market as "rental backed securities"... yeah because no one is ever late or doesn't pay rent.  Just a new name for the same mortgage backed securities that got us into the economic collapse in the first place.

Feb 27, 2018 08:37 AM
Rainmaker
4,730,713
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Peter,

Ryan Huggins - Thousand Oaks, CA mentioned Blackstone which came up in a conversation with a client in one of the "sand" states. We know that they are selling large pieces of real estate.  That is about it.  A

Feb 27, 2018 08:41 AM
Rainmaker
1,873,406
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

with a lot of Equity 4+ years later !

Feb 27, 2018 01:20 PM
Rainmaker
801,340
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Maybe someone at BHHS can comment on what they are doing with all the SFHs  Warren Buffet purchased.

Feb 27, 2018 12:01 PM
Rainmaker
1,589,086
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

First, their idiots. The shadow inventory never appeared as bad as they thought it was going to be. I think it was first class paranoia. There are those places/funds that are buying up the planet for investment - Black something comes to mind. They buy 50 or so properties at a discount from the lender in god knows what shape, rent them at ridiculous prices & will end up selling them down the road. I wrote a post about it ages ago.

Feb 27, 2018 11:24 AM
Rainmaker
2,856,718
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Perhaps what Ryan Huggins - Thousand Oaks, CA said may help.  

Feb 27, 2018 09:31 AM
Rainmaker
3,365,732
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

That's a possibility. Can't say I've felt this much in my market. 

Feb 27, 2018 08:13 AM
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't have a clue.

Feb 28, 2018 05:58 AM
Ambassador
1,702,055
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Backstone was buying on a 5 cao but at 50% off or greater than the cost of building. They then established an investment bnd that gave them another 5%, plus the market came back. Other smaller funds still own a lot like American Homes for Rent.

Feb 28, 2018 04:59 AM
Rainmaker
3,062,378
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

The funds are still around

Feb 28, 2018 04:36 AM
Rainmaker
4,432,589
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea.

Feb 28, 2018 03:08 AM
Ambassador
3,984,686
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

They aren't buying in my area and have sold off some. 

Feb 27, 2018 04:20 PM
Rainmaker
3,482,928
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a factor in my area, but have big holdings in the southeast and southwest.

Feb 27, 2018 10:26 AM
Rainmaker
3,985,224
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I guess I never really followed any of this.

Feb 27, 2018 09:58 AM
Rainmaker
5,675,449
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Focus on the current opportunities.

Feb 27, 2018 09:42 AM
Rainmaker
3,282,811
Richard Weeks
Dallas, TX
REALTOR®, Broker

Our local market is strong.   Funds are still buying here.

Feb 27, 2018 09:25 AM
Ambassador
2,411,558
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     They were all over southeast and southwest Florida, but we didn't see them here in Tallahassee.

Feb 27, 2018 08:57 AM
Ambassador
4,547,970
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I have never come across any of these in our area.

Feb 27, 2018 08:40 AM