Real Estate Investors Invade California

If the real estate market is in a meltdown, California real estate investors haven’t gotten the memo. In fact, residential real estate investment activity has grown over 65% in the past year alone.

According to an analysis of current California real estate statistics, residential real estate investors are the most rapidly growing population of buyers in California. RightNow Consulting announced today the results of a research project analyzing purchasing activities of California residential real estate buyers. Preliminary July 2008 residential property data reveals that the percentage of residential purchases by investors has risen from 6.74% to 11.41% since July of 2007. This represents a 69% increase in year over year proportional activity.

SOURCE RightNow Consulting

Did you like this article? If so, subscribe to our blog.

This post was found on FSBO.FizBer.com
Follow the link to get to the orginal message.