Vacation Time for Real Estate Investors

Chris Palmeri

Data released today from the National Association of Realtors reveals the shifting nature of the real estate market. The number of homes purchased as investment property fell sharply, down 28.9% to 1.65 million last year, from a record 2.32 million in 2005. Sales of homes as primary residence fell only 4.1% to 4.82 million.

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