As the real estate market makes a joyous recovery, the media is - TopicsExpress

As the real estate market makes a joyous recovery, the media is ablaze with evidence that investment buyers are retreating—or are they? While many institutional and cash buyers flocked to the market last year, snatching up distressed properties, erasing shadow inventory and driving up prices, we are currently seeing a decrease in interest from these “get rich” investors. Investors accounted for 20.2 percent of home purchases in May—still high, but down from a peak of 23.1 percent reached in February, according to the Campbell/Inside Mortgage Finance survey of real estate conditions..... rismedia/2013-08-07/a-new-breed-of-real-estate-investor-the-value-investor/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews

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