Sitting with a group of Realtors recently, the question came up: Are investor sales tapering off?
We were all commenting that we were seeing increases in 1st time home buyers, relocations, vacation home buyers, even move-up buyers. “Normal” home sellers are starting to reemerge. So out of curiosity, the question was asked – Are investors becoming a smaller part of the market?
The answer is a resounding "No!”. The chart above shows that investor sales (in red) have been on the rise, jumping 10% in the past year, and over 15% in the past three years. What you also see is that home sales (in blue) are definitely on the rise, too, with well over 2,000 homes sold in the month of March.
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