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Timothy Cervantes
  • Fresno, Ca
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2015 Credit Easing and Outlook for 1st Timers

Timothy Cervantes
  • Fresno, Ca
Posted Feb 18 2015, 10:01

Interesting article here.  As a new investor this caught my eye.  Why the drop in investors?  Deals not as good or as fast as they have been in the recovery of the housing market?  For me, this says less competition from fellow "new investors" which makes me smile a little.

First-time buyers have less competition from institutional investors, whose purchases dropped to a four-year low in the third quarter of last year, making up 4.3 percent of all residential sales, down from 5.3 percent a year earlier, according to data from RealtyTrac.

Full article here BLOOMBERG

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