Rocket Companies Inc. has reported a significant decline in U.S. investor home purchases in the second quarter, marking the largest drop since 2023. According to a recent analysis by Redfin, investor purchases of U.S. homes fell by 6%, reaching their lowest springtime level since 2020. This trend reflects a broader market shift, as investors face higher costs and softening returns, leading them to become more selective in their purchases. While investors continue to buy nearly one in five homes nationwide, they are increasingly capitalizing on the buyer's market to negotiate better deals. The report highlights a notable decrease in investor activity in Florida metros, with significant reductions in cities like Orlando and Fort Lauderdale. Conversely, investor purchases have risen on the West Coast, particularly in Seattle, San Francisco, and Portland, OR. Despite the decline in investor activity, the market share for investors remains steady, indicating a parallel decline in overall homebuying activity.