Saturday, March 30, 2013

Your Money - Rental Investment May Seem Safer Than It Really Is - NYTimes.com

Your Money - Rental Investment May Seem Safer Than It Really Is - NYTimes.com: Jack McCabe, a real estate consultant in Deerfield Beach, Fla., said he had never seen large investors purchase so many homes in one fell swoop, giving them such great sway over pricing in the market. “A lot of the price increase is not due to a market that is getting healthy, but is due to the influx of hedge funds, and a high percentage of homes are selling at artificially inflated values,” Mr. McCabe said.

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