Big investors pull back on housing

businessman with mini house and US dollarsBy Diana Olick | CNBC

When housing crashed in a large way, big investors stepped in, both mopping up the mess and squeezing out big profit.

Now, with home prices rising and fewer distressed homes to buy, the housing trade is changing, and so are the players. The number of sales to investors increased in October from September, according to the National Association of Realtors, but the mix is different.

Continued:

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