We are all thrilled at improving real estate market conditions. And, truth be told, we are happy to move inventory, no matter who’s buying.
Consider this, if investors make up a major percentage of the home buyers, how strong are underlying market conditions?
I spoke with a real estate company owner this week who told me that 95% of their sales were to investors. 50 per cent of their deals were cash. What do numbers like these say about what’s really going on? Should we care?
Does it matter?