{"id":6052,"date":"2025-10-23T10:30:00","date_gmt":"2025-10-23T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/10\/23\/the-reason-homes-feel-like-they-cost-so-much-its-not-what-you-think\/"},"modified":"2025-10-23T10:30:00","modified_gmt":"2025-10-23T10:30:00","slug":"the-reason-homes-feel-like-they-cost-so-much-its-not-what-you-think","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/10\/23\/the-reason-homes-feel-like-they-cost-so-much-its-not-what-you-think\/","title":{"rendered":"The Reason Homes Feel Like They Cost So Much (It\u2019s Not What You Think)"},"content":{"rendered":"<body>\n<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/10\/20251023-Blog-Header-Image-original.png?w=1220&#038;ssl=1\" alt=\"The Reason Homes Feel Like They Cost So Much (It\u2019s Not What You Think) Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\">\n<p>Scroll through your feed and you\u2019ll see plenty of finger-pointing about why homes cost so much. And according to a national survey, a lot of people believe big investors are to blame.<\/p>\n<p><strong>Even though data shows that\u2019s not true, nearly half of Americans surveyed (<\/strong><a href=\"https:\/\/www.searchlightinstitute.org\/research\/what-americans-think-about-housing\/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>48%<\/strong><\/a><strong>) think investors are the top reason housing feels so expensive <\/strong>(<em>see graph below<\/em>):<\/p>\n<p><strong><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/10\/20251023-What-Americans-Believe-Are-The-Top-3-original.png?w=1220&#038;ssl=1\" style=\"width: 100%; height: auto; display: block;\" loading=\"lazy\">But that theory doesn\u2019t actually hold up once you look at the data.<\/strong><\/p>\n<h4><strong>The Truth About Investors<\/strong><\/h4>\n<p>Investors do play a role in the housing market, especially in certain areas. But they\u2019re not buying up all the homes like so many people on social media say.<\/p>\n<p><strong>Nationwide, <em>Realtor.com<\/em> found only 2.8% of all home purchases last year were made by big investors (who own more than 50 properties). <\/strong>That means roughly 97% of homes were bought and sold by regular people, not corporate giants. Danielle Hale, Chief Economist at <em>Realtor.com<\/em>, explains:<\/p>\n<blockquote><p><em>\u201cInvestors do own significant shares of the housing stock in some neighborhoods, but nationwide, <\/em><strong><em>the share of investor-owned housing is not a major concern.<\/em><\/strong><em>\u201d<\/em><\/p><\/blockquote>\n<p>So, if it\u2019s not investors, why are home prices so high?<\/p>\n<h4><strong>What\u2019s Really Behind Today\u2019s Home Prices<\/strong><\/h4>\n<p>The real story behind rising prices has less to do with who\u2019s buying and more to do with what\u2019s missing: enough homes. Robert Dietz, Chief Economist at the <em>National Association of Home Builders<\/em> (NAHB), says:<\/p>\n<blockquote><p><em>\u201c<\/em><strong><em>It\u2019s been popular among some to blame investors, but with housing, the economics of that don\u2019t make a lot of sense.<\/em><\/strong><em> The fundamental driver of housing costs is the shortage itself\u2014it\u2019s driven by the fact that there\u2019s a mismatch between the number of households and the actual size of the housing stock.\u201d<\/em><\/p><\/blockquote>\n<p>There simply haven\u2019t been enough homes for sale to meet buyer demand. And that shortage, not investor activity, is what\u2019s pushed prices higher just about everywhere.<\/p>\n<h3>Bottom Line<\/h3>\n<p>It\u2019s easy to believe investors caused today\u2019s housing challenges. But the truth is<strong>, the market just needs more homes, and that\u2019s finally starting to happen.<\/strong><\/p>\n<p>As more options hit the market, buying may feel a little more realistic again.<\/p>\n<p><strong>Connect with a local real estate agent and talk about what\u2019s happening in your market.<\/strong><\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>Scroll through your feed and you\u2019ll see plenty of finger-pointing about why homes cost so much. And according to a national survey, a lot of people believe big investors are to blame. Even though data shows that\u2019s not true, nearly half of Americans surveyed (48%) think investors are the top reason housing feels so expensive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6053,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-6052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/10\/20251023-Blog-Header-Image-original.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1zC","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/6052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=6052"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/6052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/6053"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=6052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=6052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=6052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}