Tag Archives: Shifting market turns investors shy on housing

As interest rates and home prices continue to take off, real estate investors are growing weary and beginning to back away from the housing market. This, of course, is happening at a time when investors continue to get credit for stimulating a significant portion of today’s home sales. In a new survey conducted by ORC International for MemphisInvest.com and Premier Property Management Group, 48% of investors said they intend to cut back on home purchases in the coming year, compared to 30% in the previous survey conducted in August, indicating […]