Good And Bad News For Typical Home Buyers

Good And Bad News For Typical Home Buyers

Good news for traditional home buyers as there is less competition from investors.  However, don't expect to find a steal!


Good News for ‘Typical’ Home Buyers | Keeping Current Matters  In aspeech delivered earlier this year, Secretary for HUD Julián Castro, called 2015 “A Year of Housing Opportunity”. A recent report by The National Association of Realtors (NAR) revealed that investment home sales decreased 7.4% in 2014 to an estimated 1.02 million.

What does this mean for the ‘typical’ homebuyer?

Lawrence Yun, NAR’s Chief Economist gave some insight:
“Despite strong rental demand in many markets, investment property sales have declined four consecutive years to their lowest share since 2010 as rising home prices and fewer distressed properties coming onto the market have further reduced the number of bargains available to turn into profitable rentals.”
This is great news for the housing market. If fewer properties are being sold to investors, they are instead being sold to American families who are entering the housing market in droves.

Details of the Report

There are many reasons buyers purchase a home as an investment property. Those who made a purchase in 2014 listed the opportunity for rental income as their top reason (37%). Below is a graph showing the top three reasons:Top 3 Reasons To Buy | Keeping Current MattersThe median investment-home sales price dropped 3.8% to $125,000, from $130,000 in 2013.
According to Yun, “the decrease in vacation and investment sales prices is likely due to the increase in vacation and investment buyers purchasing condos and townhouses, which contributed to a decline in the median size of 200 square feet for both.”
The drop in price can also be attributed to the majority of investment purchases being located in the South (37%) where there are often better deals from a pure pricing standpoint. Below is a map detailing the investment purchases in 2014 by region.Investment Purchases by Region | Keeping Current Matters

Bottom Line

The housing market is continuing to recover and thrive. If your plan for 2015 includes buying your first, second or even investment property – contact me to discuss your ability to enter the market.


Search for homes. 


Adam MoysaenkoREALTOR / MBA
Exceeding Expectations

5700 Tennyson Pkwy Ste. 170 Plano, TX 75024

Direct: 972-757-7000
Office: 972-836-9295 Ext. 571







content courtesy of keepingcurrentmatters.com


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Phone: 214-282-7340
Dated: April 22nd 2015
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About Felicia: Felicia has been in the Real Estate profession for many years. She was born and raised in the DFW a...

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