The pricey and competitive Bay Area housing market is seeing an increase of investors purchasing homes. The Silicon Valley Association of Realtors said most of the investors in the housing market are individual buyers who have done well in the stock market. “When these buyers, even individua l buyers, have struck gold, they’re looking to move up in their lifestyle, moving up into a different community,” Silicon Valley Association of Realtors President Stacey Woods said. “They’re not necessarily selling the home they’re leaving — they’re potentially adding it to the rental market.” Redfin reports 28% of homes bought in San Francisco this year went to investors, which can be corporations, trusts or small businesses. More than 20% of houses sold in other Bay Area cities went to investors, according to Redfin. The number of homes bought by investors in the Bay Area is as high as it has been since 2000. The trend is not seen nationwide with the number of investors purchasing homes across the country dropping recently. Making It in the Bay Jun 3 San Jose ranks second in U.S. for home sellers pulling listings, Redfin says Making It in the Bay Apr 22 Mortgage rates fall, Bay Area home prices still high Housing Apr 4 A rare break for homebuyers, but Iran war could complicate mortgage rates ...read more read less