Outside of investors here are 3 places I see lots of demand from
1. Sold during bubble, rented for a few years and ready to get back in
2. First time buyer professionals that have been waiting for market to bottom and have amassed 20%+ down payments over the last 5 years
3. Professionals relocating from other parts of country for well paying jobs
4. Short sold 3 years ago-saved money during “free rent period”. Rented a cheap place and saved more. Learned their lesson and ready to get back in with 20% down.
5. Bought house pre 2004 and have been successful since then professionally. Ready to move up and keep house as rental.
These are five categories of clients I am working with now.