Single-family home investors have ratcheted up their purchases in South Florida.
In Miami-Dade County, investors bought 29% of all homes purchased in the second quarter. It was a 9.3% jump from the year before, amounting to a total of $3.47 billion, according to a recent report from Seattle-based real estate brokerage Redfin (Nasdaq: RDFN).
During the same time period in Broward, investors bought 19.6% of all homes purchased, a 4.9% bump from the year before. This amounts to $1.43 billion worth…
