Despite high affordability in housing, first-time home buyers are not the ones currently fueling the market. It's repeat home buyers who are driving today’s housing market, according to recent housing surveys.
Nearly 40 percent of investors say they plan to buy more properties over the next year than they did last year, while 26 percent of investors say they plan to purchase the same number of properties in the next 12 months, according to a survey by BiggerPockets.com and Memphis Invest. Read more
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