Experts Predict Less Investor Activity, 4.5% Appreciation in 2014

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Experts Predict Less Investor Activity, 4.5% Appreciation in 2014 

By: Tory Barringer - A majority of experts surveyed by Zillow and Pulsenomics expect large-scale investors will pull out of the housing market in the next few years-and that hopefully means a smoother field for consumer buyers.

Out of 110 economists, real estate experts, and investment strategists surveyed in Zillow's latest Home Value Index, 57 percent said they think institutional investors will work to sell the majority of homes in their portfolios "in the next three to five years." These investors are largely credited with propping up housing during its recession, helping to keep sales volumes from plummeting too far. >>Read More