Real Estate Market in Wesley Chapel and Tampa Bay Florida

While the media has widely reported NAR's research findings that 23 percent of all existing homes sold in 2004 were purchased by investors, the association says that it doesn't naturally follow that many of those buyers were speculating on a quick profit, since a study found that only 3 percent of homes were resold in a year or less.

Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS