[quote=peterb]Thanks, Russ. Sounds like a logical explination of events. Cash buyers. Nice. Skin in the game.
But no move-up buyers. Sounds like sector compression is coming on strong. Wonder what this would look like if all the NOD’s (Shadow) were let loose on the market?[/quote]
I’m thinking a lot of this “cash” is from hard money loans and large investment pools.