Investment Sales Pick Up in December 2014

Purchases for investment purposes appeared to be on the uptrend, according to the December 2014 REALTORS® Confidence Index Survey.  Approximately 17 percent of REALTORS® reported that their last sale was for investment purposes (15 percent in November 2014; 21 percent in December 2013).  Low interest rates, with the 30-year fixed mortgage rate now at below 4 percent, may have steered investors back into the market. Most investment buyers are in the ages 35-55 year-old bracket.

Investor SalesInvestment age

Jed Smith, Managing Director, Quantitative Research

Jed Smith is Managing Director, Quantitative Research with the National Association of Realtors®. He has worked on real estate issues for the past 20 years, providing input on a variety of housing, commercial real estate, tax, and planning issues. Recently he has been involved in several international studies.

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