Once again there’s a trend of huge investment companies gobbling up homes in bulk. BlackRock is grabbing as many homes of the market as they can at 20% to 50% over asking to build their massive real estate portfolio. This is literally crushing the hopes of so many home buyers out there that can’t compete with BlackRock’s offers. On the one hand, hey, it’s business and they can buy whatever home they want for whatever price they’re willing to pay. But on the other hand, it’s crushing the hopes of home buyers struggling to get an officer accepted in these low inventory conditions. What are your thoughts on this? Let us know in the comments below.
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