If more People are buying cash what does this mean?

[Brent C.]

If we are seeing in some case an increase of 300% cash buyers what is this telling us about the future of the real estate market? Is this an indication that a lot of investors are artificially inflating prices? I'm interested in seeing historical data and comparing it with the housing market in the past to see where we are now. A lot of this activity we are seeing maybe and probably investment driven.

What are your thoughts on this?