This is an interesting article about how investors are leading the housing recovery and the impact on current inventories, home buyers, renters, and the future of the housing recovery. It's worth the read.
Investors and the Home-Rental Market - In traditional housing recoveries, individuals and households provide the bulk of the demand the market needs to rebound. This time, though, a different kind of buyer has been powering the housing recovery: investors looking for valuable rental property. Along with individual investors, institutional investors have poured into the single-family home market, buying enough foreclosed and [...]
[Daily Real Estate News]
All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. CENTURY 21 Lakeside Realty Is a member of the National Association of REALTORS® Equal Housing Opportunity.