Investors Continue Gradual Pullback of the housing market after helping to propel it to
double-digit
gains in 2012 and 2013. For the better part of this year, investors
have been slowly trickling out of the home buying market, but in August
they apparently cut off the cash flow in a big way. The drop has been
long expected. Home prices jumped dramatically last year and are still
higher by nearly 5 percent from a year ago, while the supply of cheap,
distressed properties fell. When calculating for potential returns, the
math simply doesn't work as well anymore for investors. Why are they leaving the market now? Read more.
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