Is there an easy why to figure out that for all the sold homes in MM, how many of them are owner occupied, versus investor owned. I one can check the tax records for homeowner’s exemption or one can check the type of loan on the property (assuming there is one)…
But is there an easier way to do it. I’m wondering if there is a prevalent trend. Are more people buying it as an investment, as owner occupied ,or is it abou evenly split?[/quote]
For SFR, my guess would be mainly if not all primary resident. SFR in MM doesn’t cash flow very well. Whoever buy them as rental must be a noob, cuz the numbers just doesn’t work out well. Condo on the other hand, my guess is mostly rentals.
