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2.44% key line. A close below and follow through action is a clean break of the channel and yields can get to the low 2%

What do you expect the investors (who snatched up the bargains) are going to do in the next couple of years?

Analyzer says

What do you expect the investors (who snatched up the bargains) are going to do in the next couple of years?

To each their own. There is enough % gains for those who bought in auction to sell right away, much like we saw in 2010. A lot people are looking for yield returns with real estate.

The 1% crew and what they do with their cash investment is tricky to say what they will do.

Total cash volumes are coming down hence the negative YoY sales we see on EHS. However, coming to market with a lot homes I am not sure that is in their playbook.

My rental property has gone up a lot but I am probably never going to sell it because the rental yield is good. So unless I am a financial reason to do so it's going to stay a rental.

I haven't heard or seen anyone say the investors are looking to drop big amounts of their allocated homes to the market.

When ZIRP ends and yields get higher that might be a different case.

We never built enough rental homes in this country and now the builders are playing catch up

If you look at the demographics of the U.S. we will have a lot young Americans for the next 2 decades ages 20-35 and they will be more natural renters than buyers

Call it Crazy says

Maybe not...

SFR residential expansion is different that multifamily expansion
We never really built out strong enough for multifamily and only now trying to play catch up

We don't have a housing shortage for now we have a on-sale shortage of homes.

Builders know this hence not expanding on SFR in a strong fashion which is smart on their part

Updated Today too 15% increase YoY

Inventory not the issue for 2014, its demand from main street