Fsbo

If the real estate market is in a meltdown, California real estate investors haven’t gotten the memo. In fact, residential real estate investment activity has grown over 65% in the past year alone.

According to an analysis of current California real estate statistics, residential real estate investors are the most rapidly growing population of buyers in California. RightNow Consulting announced today the results of a research project analyzing purchasing activities of California residential real estate buyers. Preliminary July 2008 residential property data reveals that the percentage of residential purchases by investors has risen from 6.74% to 11.41% since July of 2007. This represents a 69% increase in year over year proportional activity.

SOURCE RightNow Consulting

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This entry was posted on Friday, August 29th, 2008 at 1:06 pm and is filed under FSBO. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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