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originally posted by: Mandroid7
It's all kind of in limbo right now.
Even new construction and intended material shortages are helping reduce inventory, holding prices up.
"Investors" aren't the only cash buyers out there, but cash buyers can buy without loan hassles.
From a seller perspective, it is better to do cash. Less fees, appraisals, paperwork, etc. That will always be preferable.
originally posted by: Look2theSacredHeart
a reply to: Mandroid7
That 20% over normal translates to about $70k in my area- a deal breaker for the median earners and slightly above. Doesn't just affect flippers - owner-occupiers too.