Previously, I pointed out that the uptick in home sales in many areas is being driven by all cash buyers, many of whom are real estate investors. Well, actually let me say right here that anyone smart enough to be buying in the current market at today’s prices IS a real estate investor, and a darn good one at that.
Home Sales Increase – Still Not The Recovery We Hoped For
The number of existing home sales increased again last March, which “continues what is a very uneven recovery,” according to a top economist from the National Association of Realtors last week.