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.
More real estate investors are turning to niche properties and away from single-family and multifamily properties than in recent years, leading to shirts in the marketplace.
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
