Okay, here is a little question about those who have “downpayment money”.

How many of these sideline buyers:

1.Have at least 20% down in Cash that is NOT SOURCED from the following: Prior sale of another house in a bubble zone, actually equity extracted from a house in bubble zone, from Mommy or Daddy.

2.Are first time buyers.

3.Age 35 or younger. In the case of a married couple, both must meet this criteria.