By Ryan Dezember, includes “A bidding war broke out this winter at a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a single suburban house, illustrating the rise of big investors as a potent new force in the U.S. housing market. … The bubble has room to grow before it bursts, according to John Burns Real Estate Consulting. But it is inflating fast.”
Read the full article on: The Wall Street Journal