25 percent seems like a very low number.
And we have friends who wanted to look at a short sale on the market and their realtor friend told them NOT to even bother, that it would take way too long to buy any short sale in this housing market.
And that there might be five percent of residential housing investors as opposed to a mere five years ago.
How astounding!!
The problem in this market is that (in many areas) unless you want to buy a new house or a bank owned property, you will end up bidding on a short sale. We are 3 1/2 months into ours and it is frustrating but I think we are finally going to get the house we want at a reasonble (not basement bargain) price. Of course we had the time and we never stopped looking.