The Carvajal Group Blog

Small Investors Have a Large Influence on the Housing Market

March 18th, 2011

There has been an increase in small investments in Austin residential properties. The upswing is in local investors, who are purchasing distressed REO properties. These new investors, who earn less than $100,000 a year are part of the housing recovery. Many of these new investors are looking to fix up these distressed properties with the intention of renting them out until the buyers fully return to the market.

These new investors do not work in real estate, rather they are looking to diversify their investments using real estate as one of their options. There is an understanding that Austin real estate prices will rise in the mid to long term, and they are more than willing to wait to sell.

Neighborhoods can be revitalized through this process, and as more investors make improvements and raise home values, investors will see a faster return.

If you are looking to make an Austin home search or invest in properties in Austin, contact us today at (512) 419-7770

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