Investors Out Buying at an all time record

Since DataQuick has been tracking Real Estate Information, there has been an increase in Real Estate purchases by buyers with Cash Deals/Transactions. Some experts state that this is due to the Investors believing that the market has “bottomed out” and they are out taking advantage of the low prices.
Which will then in turn provide a solid investment. With so many potential buyers not being able to qualify for a home loan, due to either Low Fico’s (credit scores), or not having the down needed to purchase, they find themselves in need of a rental property.
Hence, the investor has the product that is in high demand. With many losing their homes and needing to rent, it is the perfect scenario being played out.

This entry was posted in Uncategorized and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *