HomeRun Homes Rent to Own Homes Blog

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HomeRun Homes is a centralized marketplace which helps people Find or Sell a Rent to Own Home, both Nationwide and Globally to the thriving Rent to Own Market. http://www.lease2buy.com

September 5, 2013

Big Market Players Focus on Filling Homes with Renters

Hi folks,
   I like to consider my readers as quite familiar with the way the Real Estate market works, namely, the ebb-and-flow of buying properties and selling properties. With that being said, you know that Investors make up an important chunk of overall home purchases. However, per data from the National Association of Realtors (NAR), in early 2009, 25% of homebuyers were investors. Earlier this year (in February), they made up 22% of home buyers, but then, in July, that figured dropped to 16% Nationally.

   "Housing has morphed from a form of shelter to one of the most popular tradable assets, thanks to a huge influx of institutional investors in a mammoth, albeit decreasing, supply of distressed properties", writes CNBC Real Estate Reporter Diana Olick. Olick adds that this is why, "...it should come as no surprise the housing market is now nearly as volatile as the stock market". Indeed, it is volatile, but what happened to all of these investors?

   Not too long ago, large investors like funds Blackstone and Waypoint were buying properties by the bushel, and pushing up home prices. But now? Well, with all of the homes under management, they are working on filling the homes with renters, as Olick wrote in her article, "As investors shift, housing is the new stock market", now investors are focusing on filling those houses with renters.

   With the slowdown in investor purchases, Olick say that there could be a consolidation of investor firms (larger firms buying up smaller players). But the volatility remains. A contributor for Olick's story was Glenn Kelman, CEO of Redfin (an online real estate sales company), who said that, "We've seen more volatility in real estate in the past five years than we have in the past 500".

   Stay strong and Stay tuned!

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Have a Great Weekend, and Happy Rent-to-Owning !
Rob Eisenstein
HomeRun Homes - Rent to Own Homes, since 2002
"Located at the Corner of Technology and Real Estate"
Rent to Own Homes and Real Estate Blog for HomeRun Homes: http://blogging.lease2buy.com

HomeRun Homes Websites: http://www.lease2buy.com and http://www.homerunhomes.com

TAGS: #RealEstateinvestor #buyingproperties #sellingproperties #homepurchase #Realtor #NAR #distressed #housingmarket #sales