first time homebuyers: First Time Buyers Vs. Investors, Lenders, Appraisers - 02/04/12 07:53 AM
~ First Time Buyers Vs. Investors, Lenders, Appraisers ~
Rates may be historically low and prices finally affordable for first-time home buyers but a recent survey by Campbell/Inside Mortgage Financing shows that cash-carrying investor buyers are still having a huge impact in sales of residential real estate.   The most current data compiled by the Campbell Housing Pulse Survey, for sales through December 2011, shows that cash buyers purchased a very significant number of homes in each month of 2011.

I'm a participant in this survey of 2500 agents around the country.  It's clear to me that cash-waving investor buyers continue … (1 comments)