The share of homes purchased as vacation residences or investment properties dropped to 30% of all sales in 2008 from 33% in 2007, according to the National Association of Realtors.
However, amid continued gloom in the housing market, it raises the question of who still is investing in real estate.
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Posted by Paul Pagon on 4/4/09 4:07 AM
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Paul Pagon |
04-Apr-09 04:07 AM |