I’m not gonna say there are thousands of move up buyers but there are alot more than you think just not the way you think of them. I see plenty of buyers in the mid range ($450 to $800K) that never bought during the bubble but who are buying now that prices are donw. I see long time owners taking the opporetunity to move up with lower prices and keeping there pre-2000 purchases as rental properties. Lastly I see relatively high income young dual wage earners ($150K to $300K) that bought small homes during the bubble who can qualify for a nice new big house and then walk away from the other. On the other side of the equation I dont see a hell of a lotta quality inventory in the move up category.