BUYERS ARE LOOKING FOR A PERFECT HOME – 9/20/21

Real estate investors were involved in 17% of the home purchases (1 out of every 6 sales) during the 2nd quarter of 2021.  The investors have taken advantage of historically low interest rates to finance upgrades on their purchases, and then realize a profit by reselling to a pandemic-weary buyer who is looking for specific features in his/her new home (source: Redfin).

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