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Real Estate Briefing - Categorized | Investment, Market Moves more

Investors cooling on housing market

Posted on 04 April 2013

Rising home prices appears to be discouraging some real estate investors from putting money in the sector. The number of investment properties purchased last year fell 2.1 percent to 1.21 million, from 1.23 million in 2011, according to the National Association of Realtors.
These institutional investors also make up a smaller number of overall home buyers, dropping to 24 percent in 2012, from 27 percent the previous year. Still, while that figure is shrinking, investment buyers still make a larger-than-normal percentage of home sales………………………………………..Full Article: Source


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