Blackstone pulling out of 38 markets across the U.S.

2 years ago
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Blackstone pulling out of 38 markets across the U.S.

Big news for the housing market today, Blackstone, the owner of Home Partners of America, one of the largest rent to own programs in the nation, which purchased nearly $6 billion dollars worth of homes last year, Is no longer buying homes.
They are pulling out of 38 markets across the United States.
This is a continuation of investors pulling back out of the housing market, showing a continued softening of the housing market.

Source Article: https://bit.ly/blackstoneout

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