Home buying is increasingly difficult in Wisconsin, as investors crowd out traditional buyers

Wisconsin recently topped a list of states where investors are interested in buying properties, which could be bad news for traditional home buyers. The market is already saturated with people looking for homes, while the number of homes has failed to increase with demand. Add in mounting inflation and this increase in companies buying up single-family homes for investors, and you have a market that Rob Stafslien describes as the worst he’s ever seen.

Stafslien is the director of single-family lending at WHEDA, the Wisconsin Housing and Economic Development Authority, which helps people buy homes by teaching them how the process works and how to finance it...
   ...more