Talking Points …
- The 2015 Investor Survey from the CALIFORNIA ASSOCIATION OF REALTORS® found 21 percent of investors purchased in multifamily properties in the past year, up from 19 percent in 2014 and 14 percent in 2013.
- Eighty percent of the transactions were non-distressed, up from 70 percent in 2014, reflecting the recovering housing market.
- Additionally, consistent with investors purchasing more equity and multifamily properties, the median sales price increased to $375,000 in 2015, up from $320,000 in 2014 and $292,000 in 2013.
- The 2015 Investor Survey from the CALIFORNIA ASSOCIATION OF REALTORS® found 21 percent of investors purchased in multifamily properties in the past year, up from 19 percent in 2014 and 14 percent in 2013.
- Eighty percent of the transactions were non-distressed, up from 70 percent in 2014, reflecting the recovering housing market.
- Additionally, consistent with investors purchasing more equity and multifamily properties, the median sales price increased to $375,000 in 2015, up from $320,000 in 2014 and $292,000 in 2013.