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Repeat home buyers fuel housing recovery

Posted on 09 October 2012

Across most of the country, home prices remain affordable and rents continue to rise. And while today’s investors are helping the housing recovery, they’re not completely responsible. Data from the National Association of Realtors (NAR) suggests that traditional repeat buyers are driving today’s market.
According to a recent joint survey by BiggerPockets.com and Memphis Invest, 39 percent of investors plan to buy more properties over the next 12 months than they did over the last year. Twenty-six percent of investors plan to purchase the same number of properties………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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