Cash Investors could be driving down prices

Some say that cash buyers, who are primarily investors, are driving down home prices.  According to a survey taken of 2500 Realtors nationwide, cash buyers are purchasing homes for much lower prices than they normally would be selling for.  Cash buyers are attractive to sellers because they can often close quickly and without as many contingencies to potentially keep a sale from going through. Because of the ability for a quick closing and the convience to the seller, these investors usually acquire properties for a better price. 

Some realtors feel that cash investors commanding so much of the current market may not be a bad thing. For example, in the tampa real estate market which has many neighborhoods filled with foreclosures it is viewed as positive when investors come in and purchase homes to get them off the market.