Article - Riding the Investor WaveBoise Real Estate Agent agrees home prices are more affordable than ever, interest rates continue at historic lows. The situation is providing investors with a golden opportunity.

A recent NAR (National Association of Realtors) opinion on the real estate market is that it is a great time for investors. Lawrence Yun, NAR Chief Economist writes “Obtaining a mortgage for a non-primary, non-owner-occupied home is even more difficult than obtaining other types of loans. Consequently, a significant share of investors is purchasing properties via all-cash transactions. All-cash purchases represented 30 percent of all home sales transactions across the country and accounted for over half of the sales in hard-hit regions like Las Vegas and Miami.”

Real Estate Insights article Riding the Investor Wave by Lawrence Yun, NAR Chief Economist.

Contact Boise Realtors, Cristina Pescaru or Ava Tong for information about purchasing a real estate investment in the Idaho real estate market.

Tagged with: • • •

Filed under: Boise Real Estate

Like this post? Subscribe to my RSS feed and get loads more!