Cash-rich real estate investors trigger bidding wars, frustrate other buyers - washingtonpost.com

This is one of the most frustrating aspects of trying to get a first-time home buyer into a property.

Diggins and her fiance, George Mills, made a dozen offers on houses in Prince William County but lost more than half of them to investors making all-cash offers.


Frustrated, they gave up their search for a new home, convinced that they could not compete.

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Cash-rich real estate investors trigger bidding wars, frustrate other buyers - washingtonpost.com