The survey revealed that investment-home sales in 2015 jumped 7.0 percent to an estimated 1.09 million from 1.02 million in 2014.
Lawrence Yun, NAR’s chief economist discussed the increase in the number of sales:
"Despite a smaller share of distressed properties coming onto the market, investment purchases reversed course in 2015 after declining for four straight years. Steadily increasing home prices and strong rental demand appear to be giving more individual investors assurance that purchasing real estate will diversify their portfolios and generate additional income if they decide to rent out the home."
Prices Are Also Up
The price paid by investors also increased in 2015 by 15.3%.
Tomorrow, we will be providing an infographic that will highlight the other findings about investors from the survey.
Author:Tim Walsh Phone: 703-447-2236 Dated: May 2nd 2016 Views: 372 About Tim: I work full time in Real Estate. We created Your New Home Team to focus our energies in creating smo...
About REMAX PREMIER - Your Best Source for Home Listings in Northern VA
NorthernVAHomesForSale.net We are a new and growing team of professionals with one goal in mind - to be the #1 trusted advisor(s), confidant(s) when it comes to buying, selling, building or investing in Northern VA for our clients and community. Our unique backgrounds, dedication, experience and commitment pours into everything we do. We believe in integrity and wrap our values and approach around betterment of our clients and community - every day.
Even though we are a group of agents working individually, we focus on a team support approach where each agents specialty, expertise, passion is focused on areas they want to serve. We each focus on areas we know well - whether those are areas we have lived in, focused on or have extensive experience in. Each agent utilizes the same Marketing Services offered by a Dedicated - Full Time certified marketing Professionals focused on ensuring our Marketing is leading edge and our listings get Maximum Exposure. We have a full time, dedicated marketing team so each agent can spend more quality time with dedicated clients and not have to manage all aspects of the business. Our transaction coordinator combs through documents and contracts to ensure all paperwork is properly completed and ready for smooth transaction.
You can review our agents profiles and pick the one that resonates best with you. You will see each agent offers unique background, experience and expertise.
As you will see in our website(s), videos and marketing - we strive to offer the leading edge systems that bring results and offer advantage to our clients. We know some clients out there don't know what they don't know and what they might be missing. Our philosophy is to educate, inform, empower and protect our clients’ interests. Utilization of latest technologies make it convenient and powerful to make informed decisions - after all, we believe this process is more than just a sale, more than just a transaction - it is a new beginning, a new relationship. We welcome you to become part of the communities we live and proudly serve in and are truly grateful in being a part of a live transforming event.
As you browse through our websites and marketing materials, you will experience the type of technology, approach, marketing we utilize. We also do more behind the scenes. If you would like to find out more about our agents, marketing team, our approach, our multi-channel marketing and how it can help you with your home purchase, sale or investment, give us a call today or.. Chat live with one our team members on our websites.
Remax Premier offers 5 offices serving Northern VA. All our agents are licensed in the state of Virginia.
https://goo.gl/yRUo8aLooking for Your Dream Home? Know What You Want v
"I think Ayda and Tim are a great real estate team that can't be beat. You are getting a team instead of 1 agent. They seem to be a great balance. They are extremely knowledgeable and dedicated. They are savvy and seem to catch the small details or nuances which I think is really important in this business.
I don't always think that I am the most knowledgeable about real estate so it was nice to feel like they were here for me and that all of my questions were important and valid.