patrick.net

The banksters are keen to sell for cash or to investors, also these buyers have no intention on selling, they plan on renting those suckers out, and it helps keep inventory lower going forward, pushing prices up.

I'd call them bottom feeders myself..

But, I call them investors because some of them have unlimited funds at their disposal, accountants, appraisers, unemployed contractors (cheap labor), realty connections, etc.

They work the numbers, do the deal, put some lipstick on it, and either rent, or flip. Just like the place down the road from where I live, they wanted 53k, then all of a sudden 67k, then 61k, could not flip for an easy profit?, and it's off the market again, ready for a makeover, then flip again.

everything says

But, I call them investors because some of them have unlimited funds at their disposal, accountants, appraisers, unemployed contractors (cheap labor), realty connections, etc.

Over time, RE prices only keep pace with inflation. So not the best investment one can make over time. When you have a boom it typically outpaces both inflation and incomes, and eventually corrects downward to normal levels, as we are approaching normal levels today.

There are better investments out there.. Residential RE isnt one of them.

Shutdown The Liars says

heh.... Housing demand is at 15 year lows and falling

15 years ago.. you mean back to the NORMALITY and SOBRIETY...