Investment home sales fell 2.1 percent in 2012 over 2011. Overall, investment sales still accounted for nearly a quarter (24 percent) of sales in 2012[1]. Half of all investment buyers paid cash for their home purchases, and among all buyers, the median down payment for financing was 27 percent. Interestingly, only six percent of investment homes have already been sold by the purchasing investor, although another eight percent intend to sell within the year. Overall, investment buyers plan to hold properties for a median of 8 years.

by Carole VanSickle

 


[1] http://www.dsnews.com/articles/nar-investment-home-sales-decline-in-2012-median-price-rises-15-2013-04-02