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Investors Are 18 Percent of Current Residential Market

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  • Time4change | | 03 Oct 2012, 02:12 PM Agree 0
    Easy to understand. I was looking at a particular neighborhood last week and it was bathed in sales to investors for pennies, who then turned around and sold at many times the purchase price. Banks are foreclosing on borrowers, kicking them out, selling the home to an investor for $12,000 that turns up again a couple of months for an asking price of $99,000, sold for $85,000 for example. A few investors find themselves living the dream.
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