Investors bought $10B worth of Denver area homes since 2021

DENVER (KDVR) — Investors snapped up a big slice of Denver real estate in the last two years.

Online brokerage Redfin kept quarterly reports of how many homes in each major U.S. metro were purchased by investors in the last two years, as opposed to being purchased by people who planned to live in the homes themselves. Nationally, as many as one in five homes in the U.S. were bought by investors, depending on the quarter.

In Colorado, investors have been very active in the housing market.

Between the first quarter of 2021 and the fourth quarter of 2022, about 15% of the number of homes sold in the Denver metro were to investors – about one in every seven homes.

Through 2021 and 2022, investors…