BiggerPockets.com just released a fascinating study on the nations residential real estate investors. The report shows solid activity and outlook amongst RE investors, here are a few highlights.
The survey found that 39 percent of active investors intend to increase their purchases over the next twelve months while 26 percent plan to buy as many in the year to come as they did in the past year. The 65 percent of investors who plan to buy the same amount or more in the next twelve months than they did in the past represents 4.5 million investors. Only 30 percent said they plan to buy fewer properties than they have in the past. Last year investors purchased 1.23 million homes, a 64.5 percent increase over 749,000 in 2010, according to the National Association of Realtors.
One Out of Eight American Adults is a Residential Real Estate Investor
Some 3 percent of American adults, or 7 million people, consider themselves to be real estate investors and they will be actively buying property with the next 12 months. An additional 9 percent own investment property but have no current plans to buy more. Thus, one out of eight, or 28.1 million, Americans either consider themselves residential real estate investors or own residential investment properties today.
The number of residential real estate investors today, according to the survey, is about the same as the number of Americans who own Roth IRAs (28.5 million) vi or the total number of money market fund shareholders (29 million). vii
Check out the full report on real estate investment trends.
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