What the Rise in 'We Buy Houses' Signs Means for Pgh

Days after a standoff in Garfield over a home ejectment, the Pittsburgh Community Reinvestment Group released a studythat found corporate home buyers have been buying more and more property in the region. Lead producer Mallory Falk joins host Megan Harris to break down the impact of corporate purchases on homeowners, including when buying practices become predatory. We love to cite our sources: Check out Pittsburgh Community Reinvestment Group’s new study on corporate home buyers in the region The New York Times covered the ways first-time home buyers are losing out in markets where investors and corporations are buying up houses ProPublica did a deep dive on the “We Buy Ugly Houses” company and how it targets desperate homeowners The P-G’s editorial board found a local example of a family who’d been pressured into a home sale at a vulnerable moment Bloomberg covered a new tactic some Pittsburgh flippers may be taking to try to get homeowners to sell Philadelphia requires flippers to provide prospective sellers with a homeowner bill of rights Senator Sherrod Brown introduced legislation to crack down on larger corporate investors Want some more Pittsburgh news?  Make sure to sign up for our daily morning Hey Pittsburgh newsletter. We’re also on Instagram @CityCastPgh! Not a fan of social? Then leave us a voicemail at 412-212-8893. Interested in advertising with City Cast? Find more info here.