Is the House Recovery ‘Artificial’? Does It Matter?

According to some analysts whether or not the markets are artificially improving is not a concern….what do you think?

“It’s no secret investor demand is playing a large part in the current housing recovery as cash buyers contribute to close to one-third of home sales. The question on the minds of many is whether the market is experiencing an artificial recovery and whether it will last. Keefe, Bruyette & Woods, (KBW) suggests the question of artificiality is mute because the current recovery will, in fact, last. “Sure, it may be artificial and in large part driven by high investor purchases and artificially suppressed mortgage rates,” the firm said in a report.”

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