There is a housing shift occurring in the investment market. Major investors are gravitating toward purchasing new homes for rental use.
During the housing crash, big investors stocked up on thousands of foreclosed properties for single-family rentals with intentions of selling them when home prices recovered. But they didn’t.
Now that the housing market is recovering, foreclosures are low and prices are up, but investors are not selling their properties. Read Full Article
[Source: www.dsnews.com]
