Tim's Blog
28
Apr

Investors: More Sales and Higher Prices

Share-STM-1

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on thevacation home market. Today, we want to concentrate on the investor real estate market.

The survey revealed that investment-home sales in 2015 jumped 7.0 percent to an estimated 1.09 million from 1.02 million in 2014.

Investors: More Sales and Higher Prices | Simplifying The Market

Lawrence Yun, NAR’s chief economist discussed the increase in the number of sales:

"Despite a smaller share of distressed properties coming onto the market, investment purchases reversed course in 2015 after declining for four straight years. Steadily increasing home prices and strong rental demand appear to be giving more individual investors assurance that purchasing real estate will diversify their portfolios and generate additional income if they decide to rent out the home."  

Prices Are Also Up

The price paid by investors also increased in 2015 by 15.3%.

Investors: More Sales and Higher Prices | Simplifying The Market

Tomorrow, we will be providing an infographic that will highlight the other findings about investors from the survey.



Tim Helton
BRE 01436712, NMLS#256721
Mobile: 530-415-5309
Office: 530-741-1234
Website: Visit Website
eMail: Contact
Subscribe To My Blog

Welton Realty
602 D St.
Marysville, CA 95901
Blog Archives
Design & Contents Copyright © 2019 - AgentMarketing.com - All rights reserved - Single Listing Web Site