Investors Gradually Retreating from Market
OtherAs home prices rise, the number of investors in the housing market appears to be starting to cool. The number of investment properties purchased last year dropped 2.1 percent compared to 2011, according to a recent National Association of REALTORS® report. Investors are making up a smaller number of home buyers, shrinking from 27 percent in 2011 to 24 percent in 2012. However, investment buyers still make up a large percentage of buyers compared to historical standards. “Investors have been very active in the market over the past two years, […]