BrokerageIndustry News

Meet the cash buyers: How the fix-and-flip investor thinks

Nearly one in five buyers is an investor
Published on Jul 21, 2010

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by CareyBot

A significant share of cash buyers are investors, people who are buying properties not to live in but to rent out, or to fix up and sell quickly. From January through May, between 14 and 19 percent of all buyers were investors, according to figures kept by the National Association of Realtors.

Investors tend to be less emotionally invested in the homes they are buying than people who are buying homes they are going to live in, according to real estate professionals Inman News contacted. As such, these cash buyers are particularly attractive to some real estate agents.

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