Repeat Home Buyers Fuel Housing Recovery

Traditional repeat buyers are driving today’s housing market. According to a recent joint survey by BiggerPockets.com and Memphis Invest, 39 percent of investors plan to buy more properties over the next 12 months than they did during the past year, while 26 percent of investors plan to purchase the same number of properties. Joshua Dorkin, founder and CEO of BiggerPockets.com, remarks, “Though housing markets are changing across the nation, investors are still seeing great opportunities.” The survey concluded that one out of every eight Americans — roughly 28.1 million people — either consider themselves to be residential property investors or currently own some form of residential investment real estate. | Read More