Apr 29 2016 11219 1

Apr 29 2016 11219 1

Investors: More Sales and Higher Prices

by  

Investors: More Sales and Higher Prices | Keeping Current Matters

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.

The survey revealed that investment-home sales in 2015 jumped 7.0 percent to an estimated 1.09 million from 1.02 million in 2014.

Investors: More Sales and Higher Prices | Keeping Current Matters

Lawrence Yun, NAR’s chief economist discussed the increase in the number of sales:

"Despite a smaller share of distressed properties coming onto the market, investment purchases reversed course in 2015 after declining for four straight years. Steadily increasing home prices and strong rental demand appear to be giving more individual investors assurance that purchasing real estate will diversify their portfolios and generate additional income if they decide to rent out the home."  

Prices Are Also Up

The price paid by investors also increased in 2015 by 15.3%.

Investors: More Sales and Higher Prices | Keeping Current Matters

Tomorrow, we will be providing an infographic that will highlight the other findings about investors from the survey.


Kriste Simmons Headshot
Author:
Phone: 931-561-1103
Dated: April 29th 2016
Views: 260
About Kriste: I am a licensed Real Estate Agent in TN, and KY with Reliant Realty ERA Powered. I have over 18 yea...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Aug 19 2018 61012 1 - First Time Home Buyers,For Buyers
Aug 18 2018 61012 1 - First Time Home Buyers, For,
Aug 17 2018 61012 1 - First Time Home Buyers, For,
Aug 16 2018 61012 1 - First Time Home Buyers, For,

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Kriste Simmons & The Simmons Team of Reliant Realty ERA Powered -931-245-8800
124 Dunbar Cave Rd Suite A
Clarksville, TN
931-378-6383