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.
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!
These guys are really easy to deal with for prospective renters. They hold great buildings in great neighborhoods so it's hard to avoid them. Prices are great in regards to what the market will bear.
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