I have been watching the real estate market conditions in some of my target communities and have noticed a new "trend" ... ever since the market slowed down last year and up until just recently (about two months ago), a large majority of homes that had been going under contract were in the lowest price range  ... my thought at that point was, these were the people taking the least risk in terms of future returns on their investments when it came to buying homes.

Apparently, that has now changed ... when I look at the situation now (the last few weeks) ... most homes that have gone under contract are either mid or upper price range! ... why is that? Do these particular buyers once again have more confidence in the real estate market? Or is it because the buyers in these price points have easier access to mortgages? ... Is the lower price range suffering from lack of buyers due to problems with sub prime mortgage market and stricter lending criteria? Have you run into this as well? Or is it just a temporary local thing in my market?