Interesting note in the UT today (6/29)

[HereWeGo]

I enjoy reading the little realtor columns in the homes buying guide on Sunday. Usually the columns are of entertainment value only, but today’s column had an interesting claim:

Despite the market slowdown in 2007, the NAR Investment and Vacation Home Buyers Survey shows that nearly 1/3 of all homes purchased last year were bought as vacation or investment homes

33% in 2007??? Is this nationwide, and if so, how high are the percentages in Ca, Ariz, Nev, and Fla? Moreover, if the percentage of non-primary purchases was that high in 2007, what were the percentages during the 03-06 boom years?

[Eugene]

40% in 2005 and 36% in 2006.

I think it’s remarkable that the number of non-owner-occupied purchases is so high. A non-owner-occupied recovery is not a real recovery. Expansion of investment homes will depress rents, falling rents will further drag down housing prices

[Eugene]

40% in 2005 and 36% in 2006.

I think it’s remarkable that the number of non-owner-occupied purchases is so high. A non-owner-occupied recovery is not a real recovery. Expansion of investment homes will depress rents, falling rents will further drag down housing prices

[Eugene]

40% in 2005 and 36% in 2006.

I think it’s remarkable that the number of non-owner-occupied purchases is so high. A non-owner-occupied recovery is not a real recovery. Expansion of investment homes will depress rents, falling rents will further drag down housing prices

[Eugene]

40% in 2005 and 36% in 2006.

I think it’s remarkable that the number of non-owner-occupied purchases is so high. A non-owner-occupied recovery is not a real recovery. Expansion of investment homes will depress rents, falling rents will further drag down housing prices

[Eugene]

40% in 2005 and 36% in 2006.

I think it’s remarkable that the number of non-owner-occupied purchases is so high. A non-owner-occupied recovery is not a real recovery. Expansion of investment homes will depress rents, falling rents will further drag down housing prices

[Ren]

There are millions of uninformed “investors” out there. When your only source of information is the realtor that you met at that open house last year, as far as you know, the bottom is now.

They’re too lazy to do their own research, yet somehow managed to save up a few tens of thousands. That’s okay, they’re helping us out.

[Ren]

There are millions of uninformed “investors” out there. When your only source of information is the realtor that you met at that open house last year, as far as you know, the bottom is now.

They’re too lazy to do their own research, yet somehow managed to save up a few tens of thousands. That’s okay, they’re helping us out.

[Ren]

There are millions of uninformed “investors” out there. When your only source of information is the realtor that you met at that open house last year, as far as you know, the bottom is now.

They’re too lazy to do their own research, yet somehow managed to save up a few tens of thousands. That’s okay, they’re helping us out.

[Ren]

There are millions of uninformed “investors” out there. When your only source of information is the realtor that you met at that open house last year, as far as you know, the bottom is now.

They’re too lazy to do their own research, yet somehow managed to save up a few tens of thousands. That’s okay, they’re helping us out.

[Ren]

There are millions of uninformed “investors” out there. When your only source of information is the realtor that you met at that open house last year, as far as you know, the bottom is now.

They’re too lazy to do their own research, yet somehow managed to save up a few tens of thousands. That’s okay, they’re helping us out.

[Author]

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