Investor Central

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Friday, November 1, 2013

Investors Still Finding Ample Opportunities in Distressed Market

According to a recent report from RealtyTrac, residential properties sold at a faster pace in September indicating that the market is still ripe for investor activity.

 “The housing market continues to skew in favor of investors, particularly deep-pocketed institutional investors, and other buyers paying with cash,” said Daren Blomquist, vice president at RealtyTrac. “The availability of distressed inventory also makes a difference. For example, institutional investor purchases have rebounded in Las Vegas corresponding to a recent rebound in foreclosure activity there."
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