OWNER OCCUPIED VERSUS INVESTMENT--HOW IT BREAKS DOWN

It is interesting to note when people buy to own and when they buy to invest.  It does follow economic times to a tee.  from 2003 through 2007, the range of people who owned to occupy was between 60% to 67%.  When the housing bust came along and financing tightened, and prices plummeted, that occupied statistic rose to 73% from 2008 through 20112.  Investors from 2003 to 2007 were at a high of 21% to 28%.  Likewise with the bubble burst the investor purchase from 2008 to 2010 dropped to 17%.  Currently, 2013 saw the owner occupied stat at 67% and the investor hovering from 20% to 27%.  It is an encouraging footnote that despite any market turbulence, there remains a strong foothold for real estate investment as a pathway to building wealth.  Good luck to you all this next month in charting your financial and real estate course for the future.