It's not just investor's that are Driving Up Prices

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Owner Occupying Homeowners

Are also bidding aggressively to buy.

 

From DS News

 

Non-Investor Homebuyers also Driving Market Recovery, Survey Finds

Investors aren't the only major players driving the housing recovery. According to results from the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey for March, first-time homebuyers and current homeowners are also building a strong presence as they dominate the non-distressed market. Investors accounted for 13.3 percent of the market share for non-distressed properties, while current homeowners represented 50 percent of the market. First-time homebuyers also made up a significant portion at 36.8 percent. » Read More

 

- Sunil Sethi

 

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