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The Other Shoe Drops: Blackstone Landlord Halts Home Purchases In 38 Cities As Market Crashes

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Blackstone single-family landlord to halt home purchases in 38 cities

Home Partners of America, the single-family landlord owned by Blackstone Inc., will stop buying homes in 38 US cities, becoming the latest institutional investor to back away from an overheated housing market.

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Blackstone Single-Family Landlord to Halt Home Purchases in 38 Cities

Home Partners isn’t first large investor to back away from the US housing market, which reached a frenzied state during the first half of the year.

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Home Partners of America to halt home purchases in 38 cities

The Chicago-based real estate company is the latest to back away from an overheated housing market in cities like Boise and Memphis.

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Home Partners of America Pauses Purchases in Half of Markets

Home Partners of America Pauses Purchases in Half of Markets
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