cash sales: Cash Sales Bring the Sarasota Real Estate Market Back - Again
- 01/03/13 09:14 AM
Market Propelled up In-spite of Tighter Lending Standards Since 2009, sales in the Sarasota Real Estate Market have been propelled despite banks making it difficult to finance purchases. What I noticed (once I charted the annual numbers) is that this market would slump along if folks didn't feel strongly enough about the great values and figure out other ways to purchase. The number of sales listed as "all cash" represent almost two-thirds (61%) of all sales. This year's cash sales of 6,706 units exceeds the total number of sales for 2007 (6,360). There is a lot of money coming off the … (0 comments)
Market Propelled up In-spite of Tighter Lending Standards Since 2009, sales in the Sarasota Real Estate Market have been propelled despite banks making it difficult to finance purchases. What I noticed (once I charted the annual numbers) is that this market would slump along if folks didn't feel strongly enough about the great values and figure out other ways to purchase. The number of sales listed as "all cash" represent almost two-thirds (61%) of all sales. This year's cash sales of 6,706 units exceeds the total number of sales for 2007 (6,360). There is a lot of money coming off the … (0 comments)
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