What Could Stall the Housing Recovery
Similarly, Colony Capital, a Los Angeles-based investment firm, is among the private-equity firms that are buying U.S. homes in bulk. Strong demand from those firms and others has cut inventory and made it hard for other buyers to find homes.
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Most bought new homes, but many still bought older homes. In fact, 30 percent of the U.S. home sales between 2012 and 2013 were made by investors, according to Goldman Sachs . With that and home buyers just trying to get source a good deal on a home, the housing market looked like it was booming! But the depression of it all will hit soon.
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