Real Estate Investors Plan to Purchase More Homes in U.S.
Almost two-thirds of U.S. residential real estate investors plan to buy as many as or more homes in the next 12 months than they have in the past year even as prices rise, according to a survey released today.
About 39 percent of active property investors intend to step up their purchases, while 26 percent expect to buy the same number in the coming year, according to a survey conducted by ORC International, a Princeton, New Jersey-based research firm. About 30 percent of investors plan to reduce their purchases, the study showed.
“Though housing markets are changing across the nation, investors are still seeing great opportunities,” Josh Dorkin, chief executive officer of BiggerPockets.com, a Denver-based real estate social-networking company that commissioned the survey, said in a statement. “They will certainly continue to be major players in the nation’s housing economy for the foreseeable future.”
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This was all planned. I have copies of the internal loan documents from BoA. One of the questions on their internal processing forms of a loan for Fannie Mae is “is the property an investment grade property. They were already planning on which homes would be sold eventually to these already “deal struck” investor buddies. It’s pervasive and unstoppable.
CNBC guest just said ……. the FED is going to package up insolvent mortgages and sell them to FANNIE MAE and they will accept the risk….! The risk of what….? FANNIE MAE NOT BEING ABLE TO FRAUDCLOSE…? OR OF THE CROOKED FED SEIZING ALL OF THE AMERICAN PEOPLES PROPERTY ….BY SOME OTHER FRAUD….THE PROPERTY OF THE AMERICAN PEOPLE THAT WE HAVE ALREADY OVERPAID FOR UNDER THE GUISE OF DEBT OWED THAT IS INSOLVENT DEBT CREATED BY THEIR WALL STREETS BANKS….? These people are criminal psychopaths ..!