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Friday, October 25, 2013

Investors bought 14% of U.S. homes in Sept.

• Among metro areas with a population of 1 million or more, those with the highest percentage of all-cash sales were Miami (69 percent), Tampa, Fla. (62 percent), Jacksonville, Fla. (62 percent), Las Vegas (62 percent), Orlando, Fla., (59 percent), Atlanta (54 percent), Cleveland (51 percent), and Memphis, Tenn. (51 percent).
Investors bought 14% of U.S. homes in Sept.

More home loans require smaller downpayments

More home loans require smaller downpayments