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)