One Cool Thing – The Investors Shift
The Lawhead Team would like to share the C.A.R.’s One Cool Thing about what real estate investors are purchasing.
The share of single-family homes being purchased by investors has been declining gradually since 2013.
- 10% purchased more commercial, land, mobile homes, or other properties
- 70% of investors purchased single-family homes in 2015, which is down from 78% in 2013
A record share of investors purchased properties outside California
- 15% in other states
- 2.4% in other countries
Source: 2016 California Investor Survey