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Investor Report: Investor
Market Strong,
an article from
RealtyTimes.com,
reports that according to
new research by the National
Association of Realtors,
investors accounted for more
than 1 out of 5 of all home
purchases last year, which
is 21% of those sales. The
study shows the median price
for an investor unit was
$150,000 last year, down
from $183,500 in 2005. Also
noted in the research, 57%
of the investors told
researchers that they are
very or somewhat likely to
buy additional investment
property in the coming 24
months and 80% of all
investor buyers said this is
"a good time to purchase
real estate" compared with
59% of primary home buyers.
http://realtytimes.com/rtpages/20080404_investoreport.htm
Additional articles that you
may find of interest:
Tenants rights debated at
the Statehouse
http://www.gazette.com/articles/bill_34911___article.html/tenants_merrifield.html
Builders: No full recovery
until 2010
http://money.cnn.com/2008/04/03/news/economy/new_home_outlook/index.htm?postversion=2008040316
Senate drops bankruptcy aid
from housing plan
http://www.msnbc.msn.com/id/23944893/
Zillow Launches Mortgage
Marketplace
http://www.realtor.org/RMODaily.nsf/pages/News2008040303 |