In Distressed Market: Residential properties sold at a faster pace in September
Monday, October 28, 2013
Investors Still Finding Ample Opportunities
Investors Still Finding Ample Opportunities
Single-family homes, condominiums, and townhomes sold at an annualized pace of 5,673,249 in September, up 2 percent from August and up 14 percent year-over-year, indicating that the market is still ripe for investors with deep pockets looking to make an imprint on regional markets. “While the institutional investors are pulling back their purchases in many of the higher-priced markets-places. They are continuing to ramp up purchases in markets where median #home prices are still below $200,000. See which states are our website.
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