Attom Data Solutions just released its Q1 2018 reports on institutional investments and cash transactions in real estate. If you’re as interested as I in where and how money is flowing single-family home transactions, this piece is for you.

In Q1 2018, institutional investors accounted for only 1.7% of all home and condominium sales nationwide. Compare this 1.7% this quarter with 3.6% in Q4 2017, 2.0% in Q1 2017 and a whopping 8.9% of all home and condo sales in Q1 2013.

Despite only 1.7% nationwide, Memphis is red hot with institutional investors at 7% of all single-family home transactions and Atlanta jumped from 3.6% in Q1 2017 to 5.5% in Q1 2018. Perhaps Amazon knows something we don’t?

Institutional Investors Buying Where?

Memphis, TN                                         7%

Birminham-Hoover, AL                       5.6%

Atlanta, GE                                            5.5%

Clarksville, TN-KY                                 5.4%

Columbia, SC                                         4.7%

Dayton, OH                                            4.3%

Indianapolis-Carmel-Anderson, IN    4.3%

Phoenix-Mesa-Scottsdale, AZ              3.9%

Winston-Salem                                     3.7%

Chicago, IL                                            3.6%

All cash sales in single-family home transactions average 30% of all real estate transactions.

Where Is Cash King?

Naples-Immokalee, FLA                      55.1%

Mobile, AL                                             54.9%

North Point-Sarasota, FLA                           48.4%

Cape Coral-Ft. Meyers, FLA                47.6%

Memphis, TN                                         47.5%

Atlantic City, NJ                                     46.5%

Miami-Ft. Lauderdale, FLA                  46.5%

Birmingham-Hoover, AL                     45.2%

Port St. Lucie, FLA                                44.8%

Oklahoma City, OK                                43.1%


See any similarities?





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