This national story in the New York Times might explain the local jump in prices noted in the FTGU Blog I posted on June 4, 2013. All cash, no inspection contingencies, and $100,000 above asking? It appears investment funds, and even REITS seeking better returns, are now active bidders in the traditional single family market in some major cities. Maybe it’s time to sell and rent-back my own house. With no return on traditional savings accounts or bonds, I guess the money flows like water to the next level of assets.