[harambae]

Well even Blackrock only has $60 Billion in housing in a $36 Trillion housing market. So not much (although it varies by location and market prices can be affected by outliers.. so there are exceptions, sure).

Keep in mind, these investment groups need to make cash on cash return above their hurdle rate, otherwise their investors pull the plug. Their goal is to make returns, not take all the housing from poor families while they cackle to themselves in their underwater bond villain lair while petting a white cat.

Also, historically, 1% interest rate increases leads to 10% decrease in home price because of the mathematics of mortgages and the fact that most people only look at the monthly. As far as "Cash" buyers, a sizeable number aren't actually cash, there are a number of services that make it appear that way for home purchasing. My brother used one to make a "cash" offer in the Bay Area recently.

TL;DR - Unless you have a wife who is 8 months pregnant, just wait. There's no need to buy in while prices and rates are both this high.