Quote:
Originally Posted by Villager1234
I believe that the rental market is getting more affordable. I am told that almost 50% of new purchases down south are investors. This can cause rents to drop
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50% or more of scheduled closings seem to be buyers from Florida. Some are investors.
You misunderstood. This in NO WAY equates to 50% of ALL new home purchases are investors. The percentage of investors is probably between the 10-20% mark. This percentage will vary based on the location of new homes. Homes close to squares usually have a higher percentage.