Tuesday, September 3, 2013

New Type of Investor in Today's Market

A new type of investor is emerging in today's real estate market. Gradually fading is the "all cash" investor or institution that has been buying up distressed properties as quickly as they came up for sale.  

 
Cash investors played an important part of the housing recovery, erasing shadow inventory and driving prices upward. Now reports show that this investor, along with the foreign investor is retreating.


Today, a more conservative and value oriented investor has emerged. These value investors are looking for nice homes in areas where the market is sustainable and they are thinking "long term investment".  As the housing recovery continues I believe that we will see more and more  of this reliable type of investor.


Our Central Coast has always been an attractive place for future retirees and for those who are interested in purchasing a second home or investment property.  The beautiful coastline, mild weather and easy style of living continues to be a wonderful place to call home!


Nancy Puder is the real estate broker at Signature Properties, a prestigious real estate firm in Arroyo Grande, CA. If you have questions concerning your real estate needs, you may contact Nancy at Nancy@NancyPuder.com or (805)710-2415. She always enjoys hearing from you!

 

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