The investors are coming -- flippers, absentee buyers, rental property investors -- but this time, instead of being considered speculators they are getting some credit for helping to move the housing market out of neutral instead of driving it into the ground.
by Broderick Perkins
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Deadline Newsroom - The investors are coming -- flippers, absentee buyers, rental property investors -- but this time, instead of being considered speculators they are getting some credit for helping to move the housing market out of neutral instead of driving it into the ground.
Real estate investors once took in on the chin for the kind of speculative behavior critics say contributed to the last boom-bust cycle. But now the perception has changed and investors, at least a certain segment of them, are getting a pat on the back for helping housing get up off the mat.
Read Investors: The Sinners Become Saints.
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Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group, including DeadlineNews.Com, a real estate news and consulting service and Web site, and the Deadline Newsroom, DeadlineNews.Com's news back shop.
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Perkins is managing editor of HomeAway.com's Gulf Coast Response Center.
Perkins was the first Examiner to cover three beats for the Examiner.com news service:
• National Real Estate Examiner
• National Consumer News Examiner
• National Offbeat News Examiner
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Thursday, April 7, 2011
Investors: Sinners or Saints?
From The Deadline Newsroom on 4/07/2011 10:25:00 AM
Labels: Broderick Perkins, Deadline Newsroom, DeadlineNews.Com, investment, investment property, investor, investors
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